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Report finds continued increase in fossil fuel financing by major banks despite calls for climate action

In March 2020, a group of NGOs led by Rainforest Action Network published the Banking on Climate Change 2020 report. The report finds that 35 private-sector banks have provided USD $2.7 trillion for fossil fuel projects in the four years since the Paris Climate Agreement (2016-2019). The report further notes that such financing continues to increase despite calls for banks to cut their fossil fuel financing.

Full report      Website

The Business & Human Rights Resource Centre invited the biggest financiers of fossil fuel according to the report to respond:

This report is published annually. Please see last year's story for previous responses, media coverage and 2019 report.

ردود الشركة

Deutsche Bank عرض الرد
Mizuho Financial Group عرض الرد
Mitsubishi UFJ Financial Group عرض الرد
BNP Paribas عرض الرد
Bank of America عرض الرد
Credit Suisse عرض الرد
Bank of Montreal عرض الرد
Goldman Sachs

لا جواب

JPMorgan Chase عرض الرد
Royal Bank of Canada عرض الرد
Sumitomo Mitsui Banking (part of Sumitomo Mitsui Financial Group)

لا جواب

Citigroup عرض الرد
Wells Fargo عرض الرد
Bank of China عرض الرد
Scotiabank عرض الرد

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