Event description

You’ve heard of greenwashing and greenhushing. But have you ever heard of greenlaundering?

The Tax Justice Network has been working on the first research of its kind to shed light on the connection between financial secrecy and bank financing of fossil fuels.

The report examines what proportion of fossil fuel financing goes through so-called tax havens – so-called secrecy jurisdictions – and how banks and fossil fuel companies benefit from this.

Because fossil fuel financing is often conducted through a “hall of mirrors,” banks can largely hide their true fossil fuel exposure from the public and regulators, while customers can circumvent banks’ exclusion policies.

Join our webinar where report authors Alison Schultz and Franziska Mager will present their findings, implications for our work, and opportunities for collaboration with the tax justice movement.

Speakers

Alison Schultz

scientific Assistant

Alison Schultz is a research fellow at the Tax Justice Network. She holds a PhD in finance from the University of Mannheim after completing her Masters in Global Political Economy and her Bachelors in Economics. Her research focuses on the real-world impacts of finance and tax systems, with a particular focus on financial crime, tax abuse and wealth inequality.

Franziska Mager

Senior Researcher and Advocacy Lead (Climate and 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 to reduce inequalities. Before joining the Tax Justice Network, Franziska spent several years leading complex applied and policy research, including for Oxfam’s flagship inequality campaign and at the sustainability think tank Hot or Cool. She holds degrees from the Free University of Berlin and the University of Oxford.