This week we released a new report calling for ‘Smaller, Greener - TopicsExpress

This week we released a new report calling for ‘Smaller, Greener Banking’ in Scotland. The dominance of big banks and their continuing profit from fossil fuels and environmental destruction needs to be altered rapidly if we are to avoid catastrophic climate change. We recommend that banks should be rooted in, and accountable to, their local community with more democratic decision-making models. The big banks should be broken up and Scottish Government should actively promote non-traditional business models such as credit unions and cooperative banks. This discussion paper is intended to stimulate debate on how banking in Scotland should be reformed irrespective of the referendum result. You can check out recommendations below or read the whole report at: foe-scotland.org.uk/smaller-greener-banking-report

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