Resource
Economy & Finance
Banking on Climate Chaos
Banking on Climate Chaos 2022
The world’s 60 biggest banks poured over 4.6 Trillion dollars over 6 years into the fossil fuel industry. Explore the data behind this number in this years Fossil Fuel Financing report!
This report examines commercial and investment bank financing for the fossil fuel industry — aggregating their leading roles in lending and underwriting debt and equity issuances — and finds that even in a year where net-zero commitments were all the rage, the financial sector continued its business-as-usual driving of climate chaos.
This report examines commercial and investment bank financing for the fossil fuel industry — aggregating their leading roles in lending and underwriting debt and equity issuances — and finds that even in a year where net-zero commitments were all the rage, the financial sector continued its business-as-usual driving of climate chaos.