Fossil Fuel Finance Report 2022 See for yourself which banks are saying one thing and doing another. How much they are funding the fossil fuel. Amazing site! Continued at BankingonClimateChaos.org
Granted it’s still early in 2022, but signs are emerging that the amount of financing going to coal-related projects is running at a rate that’s more than double last year’s pace. With the first quarter coming to a close, banks (mostly based in China) have helped coal companies raise $9.9 billion via loans and bond... Continue Reading →
Bankers Are Still Standing Behind the Dirtiest Fossil Fuel
LONDON (Reuters) - Thirty of the world's largest financial institutions are undermining their commitment to cutting carbon emissions by lobbying against climate regulation and by funding new fossil fuel projects, according to a report published on Friday. The report, from London-based energy and climate think-tank InfluenceMap, found that all 30 institutions are members of industry... Continue Reading →
Banks undermine their ‘net zero’ pledges through lobbying – report
Canadian banks are playing a growing and globally significant role in fueling climate destruction and are more exposed to climate risk than they are telling their shareholders according to data in a new Greenpeace report. The report finds that prior to the pandemic, Canadian big 5 banks steadily increased their fossil fuel loans and investments since... Continue Reading →
empowerment & inner transformation... 