Global banks have spent $6 9 trillion on fossil fuels since 2016: report utilitydive.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from utilitydive.com Daily Mail and Mail on Sunday newspapers.
Banks financed fossil fuels by $6 9 trillion dollars since the Paris Agreement priceofoil.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from priceofoil.org Daily Mail and Mail on Sunday newspapers.
Europe’s biggest lender to fossil fuel projects has just pledged to restrict financing for oil and gas, including direct funding for new projects, in a move welcomed by environmental groups
Banks, including some of the world’s largest, are increasingly being held accountable for their financing flows to clients involved with fossil fuels and industrial agriculture, deemed the top aggravators of climate change. Recent reports have spelled out the extent of individual banks’ financial support, causing some to change course.