Author Archive for: Susi

Nobel Foundation to divest from nuclear weapon producers

On Friday 27 October, the Nobel Foundation announced its intention to divest…

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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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50 countries sign the nuclear ban treaty on first day

On Wednesday 20 September, the new Treaty for the Prohibition of Nuclear Weapons officially opened for signature, and responsible countries from around the world started signing up. Brazil was the first country to sign the Treaty, followed by 49 other countries representing all regions of the world: from Africa, Europe, South-America to the Pacific. Read more

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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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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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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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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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2016 Don’t Bank on the Bomb

Is your bank ready for the ban?

Banks controlling over 1.7 trillion Euros are ready, with policies that strictly prohibit any investment of any type in any kind of nuclear weapon producing company. These 18 banks are profiled in the Hall of Fame of the Don’t Bank on the Bomb, 2016 edition. These Hall of Fame institutions are based in Australia, Denmark, Italy, the Netherlands, Norway, Sweden and the United Kingdom. Read more

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2016 Runners-up

These financial institutions have policies preventing investments in nuclear…

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