Global banks finance fossil fuel with $8.7tn since the Paris Agreement

Major banks are putting increasing amounts of money into fossil fuel. 2025 saw nearly $1tn of investment in fossil fuel companies, even as energy instability is deepening the global cost-of-living crisis. The 17th edition of the Banking on Climate Chaos (BOCC) report finds that the world’s 65 largest banks committed $906bn to fossil fuel companies … Continue reading Global banks finance fossil fuel with $8.7tn since the Paris Agreement