Cities are becoming increasingly unliveable for most people. Costs are rising but incomes are not. Sky-high rents, evictions, homelessness, and substandard housing are common realities for urban dwellers across the planet. There is a global housing crisis. How did this basic human right get so lost? Who is pushing people out of their homes and cities, and what’s being done to pushback? On the heels of the release of the award-winning documentary, PUSH, filmmaker, Fredrik Gertten and Leilani Farha, the former UN Special Rapporteur on the right to housing, have reconvened. Join the filmmaker and the advocate as they reflect on their experiences making PUSH and exchange ideas and stories about the film's central issue: the financialization of housing and its fall-out. For more about PUSH and to view it: www.pushthefilm.com For more about Fredrik Gertten and his other films: www.wgfilm.comFor more about Leilani Farha in her new role, Global Director of The Shift: www.make-the-shift.org
https://www.wgfilm.com/
episode 3: Raw Capitalism or Fair Finance - Can Our Savings Protect Human Rights and the Planet?
Most of us put our savings in a bank. But what does the bank do with our money? What if you learned that your life savings were being invested in companies that are burning down the Amazon forest or raising rents and evicting tenants from their homes? Would you care? Would you be willing to do something about it?
This week the Filmmaker and the Advocate talk with Jakob König the Project Leader of the Fair Finance Guide - Sweden, an organization that exposes the role the finance sector plays in harming our planet and undermining human rights. Using a set of international standards, Fair Finance Guide investigates the investment activities of financial institutions like banks. If they don’t receive a passing grade, they inform the clients of the bank to provoke outrage and action. The results have been impressive. Under pressure from 5,000 clients, Swedish banks met with the government of Brazil and halted the burning of the Amazon forest for several months. So maybe we have more power than we think!
Fredrik and Leilani see great potential in the model and wonder if it couldn’t be used to hold institutional investors in housing to account. And, if banks can be shamed into changing what they invest in, might they also be persuaded to change their lending practices – where so much of the real damage is done?
Produced by WG Film
Recorded & Edited by Mikey Jones
Music by Florencia Di Concilio
Social Media & Support Team - Maja Moberg, Valerie Estrina, Hanna Leander