Rio+20 update: Greenpeace wages war on the financial sector

The head of Greenpeace is quickly losing patience with the ability of companies and financial institutions to move away from their destructive behaviour.

Kumi Naidoo says that while he recognises that there are a few progressive business leaders who share his concerns, he is planning to step up his campaign to hold them to account.

The sector most clearly in his sights is finance, given its power to support the transition to a green economy or continue to fund the destructive fossil-fuel industry.

He accepts that the NGO community made a mistake by not targeting the sector earlier and this was because it shied away from the complexity of the financial markets. But no more.

For the past two years Greenpeace has been working to understand not only how the financial markets really work, but also the leverage points where it can be most effective in seeking change.

For more updates on the Rio+20 and other environmental news and updates on green office supplies keep checking the Wiles Greenworld London office supplies website daily.

Green office tips: Switch your utility bills from paper bills to direct debit and save on average £100 a year.

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