Archive for category: Featured

ICAN wins Nobel Peace Prize

Don’t Bank on the Bomb is a project from PAX supporting the International…

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Amalgamated Bank- a step in the right direction

On Wednesday 20 September, the new Treaty for the Prohibition of Nuclear Weapons…

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Nuclear weapons outlawed!

History was made when a majority of countries in the world adopted a ban on nuclear weapons. On 7 July 2017, an overwhelming majority of the world’s nations adopted this landmark global agreement to ban nuclear weapons, known officially as the Treaty on the Prohibition of Nuclear Weapons. Read more

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Ban treaty negotiations side event: Don’t Bank on the Bomb

As the negotiations for a treaty banning nuclear weapons continue in the UN in New York, PAX organised as side event about the implementation of a prohibition on the financing of in the new treaty. On the panel were Bonnie Docherty (Harvard International Human Rights Law Clinic and Human Rights Watch), Susi Snyder (PAX) and Maaike Beenes (PAX). Read more

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PAX speaks to negotiators- finance is part of assistance

Today Selma van Oostwaard of PAX delivered a statement calling for financing to be included in the next draft of the Convention to Prohibit Nuclear Weapons. The full statement is below.  Read more

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Nuclear Weapon Prohibition negotiations resume

This morning in New York negotiations resumed on the Convention on the Prohibition of Nuclear Weapons. The draft is a good basis for discussion, and includes strong language including on the prohibition of assisting with any making, having or using of nuclear weapons. PAX would like to see the treaty also forbid financing. Read more

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Briefing paper: Banning investment – An explicit prohibition on the financing of nuclear weapons producers

On March 27, negotiations started in the United Nations in New York on a new legally binding instrument banning nuclear weapons. PAX submitted a working paper to the conference on the issue of an explicit prohibition on financing in the new treaty.

Read the paper here!  Read more

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UN Negotiations hear: Prohibit finance of nuclear weapon producers

Susi Snyder delivered remarks to the UN Negotiations to prohibit nuclear weapons leading to their elimination. These remarks were well received, and a significant number of states called for the inclusion of a prohibition on financing of nuclear weapon producers in the core prohibitions of the new treaty. The remarks are below. Read more

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Banking on a ban: nuclear ban negotiations side event

On the opening day of the UN negotiations for a new legal instrument banning nuclear weapons, PAX and the Future of Life Institute hosted a side event on the impact a treaty banning nuclear weapons would have on nuclear-armed states. Speakers included Fabian Hamilton, Member of the UK Parliament; John Tierney (Council for a Livable World); Max Tegmark (Future of Life Institute & MIT); and Ray Acheson (Reaching Critical Will of the Women’s International League for Peace and Freedom). Read more

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KBC Responds to Don’t Bank on the Bomb

KBC, a Belgian financial institution, responded to the 2016 update of Don’t Bank on the Bomb. The response reflects on KBC’s recently updated policy around weapons- including nuclear weapons. PAX welcomes the new KBC policy and appreciates the KBC engagement around the Don’t Bank on the Bomb report. The full response can be read here, and there is more information about the investments and the producer after the jump. Read more

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