Stop the ECB subsidising climate disaster
![](https://globalforestcoalition.org/wp-content/uploads/2017/07/stop-ecb-funding-1040x687.jpg)
Since June 2016, the European Central Bank (ECB) has injected around 67 billion euro into the Eurozone economy to fund corporate bond purchases. This is part of a money creation programme known as ‘quantitative easing’, a scheme aimed at stimulating the Eurozone economy through the purchase of corporate bonds. However, in the name of growth, this programme supports companies at the heart of the climate crisis.