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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.

Réponses de l'entreprise

Deutsche Bank Voir la réponse
Barclays Voir la réponse
Mizuho Financial Group Voir la réponse
Mitsubishi UFJ Financial Group Voir la réponse
BNP Paribas Voir la réponse
Bank of America Voir la réponse
Credit Suisse Voir la réponse
Bank of Montreal Voir la réponse
Goldman Sachs

Aucune réponse

JPMorgan Chase Voir la réponse
Morgan Stanley Voir la réponse
Royal Bank of Canada Voir la réponse
Sumitomo Mitsui Banking (part of Sumitomo Mitsui Financial Group)

Aucune réponse

Citigroup Voir la réponse
Wells Fargo Voir la réponse
Bank of China Voir la réponse
Scotiabank Voir la réponse

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