Market Forces
Market Forces is an Australian climate advocacy organisation that focuses on the financial institutions enabling fossil fuel expansion — particularly banks, super funds, investors and insurers.
This Groundswell grant supported a campaign to pressure Australia’s major banks to stop financing companies seeking to open the Beetaloo Basin to fracking. The funding helped target the financial support underpinning new gas development, using public campaigning and advocacy to increase pressure on banks to walk away. By challenging access to finance, the work aimed to make it harder for large-scale fracking in the Beetaloo to proceed and prevent its associated climate, health and environmental impacts.
This Groundswell grant supported Market Forces to increase pressure on the financial institutions backing Santos’ Barossa gas project. The funding helped Traditional Owners and affected communities engage directly with corporate decision-makers, supported targeted digital campaigning, and strengthened research, media and shareholder advocacy aimed at banks, insurers and super funds. By challenging the financial and social licence behind the project, the work sought to delay or stop new fossil fuel development and make future gas expansion harder to finance.
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