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You’ve heard of greenwashing, and greenhushing. But have you ever heard of greenlaundering?
Tax Justice Network has been working on a first-of-its-kind piece of research shining a light on the connection between financial secrecy and bank financing of fossil fuels.
The report investigates how much fossil fuel financing goes through so-called secrecy jurisdictions – which is a type of tax haven – and how this benefits banks and fossil fuel companies.
Because most fossil fuel financing is facilitated through a ‘hall of mirrors’, banks get to conceal much of their true fossil fuel exposure from the public and regulators, while clients can circumvent bank exclusion policies.
Join us for a webinar where the report authors, Alison Schultz and Franziska Mager, will present their findings which will have implications for our work and offer opportunities to collaborate with the tax justice movement.
Speakers
Alison Schultz
Research Fellow
Alison Schultz is a Research Fellow at the Tax Justice Network. She earned her Ph.D. in Finance from the University of Mannheim, after completing her Master’s in Global Political Economy and Bachelor’s in Economics. Her research focuses on the real effects of financial and taxation systems, with a particular emphasis on financial crime, tax abuse, and wealth inequality.
Franziska Mager
Senior Researcher and Advocacy Lead (Climate & Inequalities)
Franziska is Senior Researcher and Advocacy Lead (Climate & Inequalities) at the Tax Justice Network. She leads the Tax Justice Network’s work on integrating tax and climate justice approaches in service of reducing inequalities. Prior to joining the Tax Justice Network, Franziska led complex applied and policy research for a number of years, including for Oxfam’s flagship inequality campaign as well as at the sustainability think tank Hot or Cool. She holds degrees from the Free University of Berlin and University of Oxford.