A left-wing organization is pumping money into an effort to kill legislation that would prevent banks from denying loans to farmers based on political considerations. The organization, The Daily Wire has learned, has ties to a deeper network of far-left groups, including one that appears to be flush with foreign money.
Unlocking America’s Future is running ads on Facebook targeting North Carolina and opposing legislation that would prevent banks from denying loans to farmers based on controversial environmental, social, and governance (ESG) metrics. The group has spent just shy of $30,000 on Facebook ads from early July to early August.
The legislation, its Republican sponsors say, would prevent farmers from being compelled to go along with a political agenda and ensure that lending remains “based upon whether they have good credit or not but not based upon their ESG score.”
But Unlocking America’s future is just a trade name used by an organization set up by established left-wing organizations to bolster Biden in the 2020 election.
Unlocking America’s Future, according to a non-profit database and the Washington, D.C., corporate registry, is a trade name used by Climate Power. This left-wing organization was created in the lead-up to the 2020 election as a joint project of the Sierra Club, the American Progress Action Fund, and the League of Conservation Voters. The group came on the scene with $80 million ready to deploy in an effort to boost then-candidate Joe Biden.
Under the name “Unlocking America’s Future,” the organization has launched an ad campaign opposing the Farmers Protection Act, targeting Raleigh and other areas with paid ads calling on several state representatives and Governor Josh Stein to reject the proposal.
“Billionaires want to force banks to ignore financial risks, putting North Carolina’s economic future at risk,” read the paid Facebook ads, which began in late May and have continued into August. “Stand up for North Carolina’s economic future by focusing on responsible investing, lowering costs, and creating jobs.”
While the ads grandstand against “billionaires” attempting to exert influence on North Carolina’s politics, the organization has ties to a network of left-wing activist groups tied to a Swiss billionaire.
Climate Power is a project of the Fund for a Better Future, which has been scrutinized as a vehicle that’s allowed foreign money to flood into American politics through issue-advocacy groups, allowing foreigners to exert influence on America’s politics despite a prohibition on foreign donors directly bankrolling candidates for public office.
Swiss billionaire and prominent left-wing donor Hansjörg Wyss was a major backer of the Fund for a Better Future, the Associated Press reported as Climate Power sought to boost Biden’s legislative agenda and support Democratic congressional candidates.
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Climate Power has also pushed the diversity, equity, and inclusion agenda, at least internally, according to organization documentation. The organization’s 2023 registration form reveals that the group employed racially discriminatory practices when selecting board members.
“The makeup of the board shall be reflective of the diversity of the progress movement and the corporation staff,” the document reads. “The board should not be less than approximately 40% Board members who identify as Black, Indigenous, or People of Color and 51% of Board members who identify as women.”
“The corporation shall use best efforts to ensure that the diversity of the Board is no lesser than the diversity of staff.” it goes on to add.
Climate Power did not respond to a request for comment.