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Report: U S Banks Sabotaging Climate Targets by Financing Meat & Dairy Corporations

Report: U S Banks Sabotaging Climate Targets by Financing Meat & Dairy Corporations
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United statesMonique mikhailIntergovernmental panel on climateFriends of the earthNet zero banking allianceIntergovernmental panel on climate changeClimate shopClimate financeIntergovernmental panelClimate changeWard warmerdam

Industrial Livestock Finance Undermines Banks Climate Commitments

58 U.S. banks provided $134 billion in lending and underwriting to meat, dairy, animal feed, food processing, and agri-commodity corporations.

United statesMonique mikhailFriends of the earthNew studyChase responsibleMore than halfFinancing examinedClimate shopClimate commitmentsClimate financeWard warmerdamSenior financial researcherBig three

French Bank Commits To Reducing Oil And Gas Lending By 80%

French bank BNP Paribas has made a commitment to reduce lending to the oil and gas industry by 80 percent by 2030 as part of entering a new phase in its decarbonization efforts.

Sierra clubFair finance internationalReutersreported tuesdayFair financeWard warmerdamIrina slav

Bank funding for renewables stagnates vs oil and gas - report

JPMorgan, Citi and Barclays' renewable energy share was 2% between 2016 and 2022 and The Royal Bank of Canada's 1%, the report said.

Sierra clubInternational energy agencyGlasgow financial alliance for netFair finance internationalRoyal bankFair financeWard warmerdamGlasgow financial allianceNet zeroThe glasgow financial allianceSierra clubWard warmerdamPair financeHe royal bank

Bank Funding for Renewables Stagnates vs Oil and Gas

The share of bank finance going to renewable energy rather than fossil fuels has little changed in six years, raising questions…

Sierra clubInternational energy agencyGlasgow financial alliance for netFair finance internationalRoyal bankFair financeWard warmerdamGlasgow financial allianceNet zero

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