This 10th annual “Banking on Climate Change” fossil fuel finance report card reveals that overall bank financing continues to be aligned with climate disaster, and that financing for fossil fuels has increased every year since the Paris Agreement was signed.
fossil fuel expansion
Report Finds Global Banks Poured $1.9 Trillion into Fossil Fuels since Paris Agreement
A report released today endorsed by over 160 organizations around the world reveals that 33 global banks have provided $1.9 trillion to fossil fuel companies since the adoption of the Paris climate accord.
Report: U.S. Oil and Gas Expansion Threatens to Unleash Climate Pollution Equivalent to nearly 1,000 Coal Plants
The U.S. oil and gas industry has the potential to unleash the largest burst of new carbon emissions in the world through 2050, new research released today has found.
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