Despite abruptly canceling the in-person portion of their  annual general meeting (AGM) today, the Royal Bank of Canada (RBC) faced growing calls to phase out coal, oil, gas, and tar sands funding, and instead invest in a safe, and renewable future. 

Wet’suwet’en Hereditary Chiefs and climate finance experts asked the RBC Board and management about their role in violating Indigenous rights by bankrolling projects that perpetuate genocide against Indigenous Peoples, such as the Coastal GasLink pipeline, as well as the role of RBC’s fossil fuel financing contributing to the climate crisis. Melina Laboucan-Massimo, the co-founder of Indigenous Climate Action, spoke to  shareholders about how RBC’s financing of the tar sands has detrimental impacts to her homelands, the health of Indigenous people on their territory and to the climate.

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