Skip to content
City PM
  • Germany
  • France
  • Europe
  • Markets
  • Business
  • Opinion
  • Germany
  • France
  • Europe
  • Markets
  • Business
  • Opinion
Monday 02 August 2021 11:58 am  |  Updated:  Monday 02 August 2021 11:59 am

Climate change activists occupy Zurich’s financial district

CLIMATE-CHANGE-ACTIVISTS-TARGET-SWISS-BANKS
UBS, along with rival Swiss bank Credit Suisse, have come under fire for financing fossil fuel projects which contribute to global warming

Police this morning began clearing a group of Climate Strike activists occupying the heart of Zurich’s financial district.

Around 200 activists from the Climate Strike Switzerland group gathered outside the UBS and Credit Suisse headquarters to protest the financing of environmentally damaging fossil fuel projects.

According to “Rise Up for Change”, a group bringing together organisations including Climate Strike Switzerland and Extinction Rebellion, today’s action took aim at the role played by financial institutions in funding environmentally damaging projects.

In a further statement they accused banks, including the Swiss National Bank, of investing billions in projects that extract or use petrol, coal and gas, while people around the world are dying due to the climate crisis.

Bike chains, barrels and tripods were set up to block entry as activists sang and chanted outside.

Groups of sit-in protestors chanting ‘we are responsible’ and ‘break the power of banks and corporations’ can be seen in drone footage released by Blick.

Police began clearing the activists around 2 hours after the protests began. According to a press release from the Zurich City Police Department, roughly thirty people have been provisionally arrested so far. The arrested protestors have been take taken to police stations for further clarification. The riot group of Zurich’s Public Prosecutor’s Office will decide on the next steps.

Monday’s protest was part of a week of action organised by “Rise up for Change”. The activist group plan to move on to Bern this Friday, for a protest in front of the Swiss National Bank.

Read more

Morningstar Sustainalytics Enhances Physical Climate Risk Capabilities with XDI and Veridion

Share this article

  • Facebook
  • X
  • LinkedIn
  • WhatsApp
  • Email

Similarly tagged content:

Sections

  • News

Categories

  • Banking
  • Business

Related Topics

  • Climate change
  • Credit Suisse
  • International
  • UBS

Trending Articles

  • Top Burnham adviser calls for capital gains and inheritance tax hikes

  • Housebuilding giants hit with £4.5bn lawsuit for allegedly overcharging buyers

  • A meeting with the breakfast king of Mayfair

  • As it happened: Stocks jump on defence and metals boost; Oil on track to shed a fifth on US-Iran peace hopes

  • BT tops FTSE 100 after finding new home for international business with Verizon joint venture

More from City PM

  • Morningstar Sustainalytics Enhances Physical Climate Risk Capabilities with XDI and Veridion

    Business Wire
  • The Strait of Hormuz proves fossil fuels are essential for food security

    Opinion
    View of the Strait of Hormuz, showcasing bustling maritime traffic under clear skies, highlighting its strategic significa...
  • Ignore the green gloomsters, climate change is a huge opportunity for Britain

    Opinion
    Stunning Mediterranean-inspired landscape in Britain with lush greenery and vibrant blue skies.
  • The world needs an answer on climate finance – it’s London

    Opinion
    Corporate philanthropy concept with diverse professionals collaborating on sustainable, long-term global health solutions
  • The companies leading on climate aren’t waiting for 2050

    Partner
    Large-scale reforestation project in India by Climate Impact Partners, showcasing vast tree plantation efforts.
  • City sounds alarm on £40bn foreign M&A offensive targeting ‘cheap’ UK firms

    Markets
    London Stock Exchange building exterior with financial district skyline, symbolizing global market activity and economic t...
  • Turbulence for Luton as court decides if expansion project can leave the ground

    Legal
    Luton Airport aerial view with planes, runways, and terminal buildings, highlighting busy travel hub operations
  • Burberry delays climate pledge by a decade to 2050

    Retail
    Burberry fashion show runway featuring models in luxury attire showcasing the latest collection in an elegant setting

City PM — European politics, business and analysis.

Europe

  • Germany
  • France
  • Europe
  • UK & Ireland

Topics

  • Business
  • Markets
  • AI
  • Technology
  • Opinion
  • Energy

More

  • Politics
  • Economics
  • Fintech
  • Legal
  • Sport
  • Life

Company

  • About City PM
  • Editorial Policy
  • Corrections
  • Contact
  • Terms of Use
  • Privacy Policy
  • Cookie Policy
© 2026 City PM · Published by CityPM Media, Bahnhofstrasse 65, 8001 Zürich, Switzerland
About · Editorial Policy · Corrections · Contact · Privacy