Bank financing for fossil fuels dips second year in a row
Corporate Knights
MAY 14, 2024
The 60 largest banks in the world have provided US$6.9 Despite these alarming overall figures, bank lending and underwriting for coal, oil and gas fell for a second consecutive year in 2023, dropping 9.4% But she says it’s too early to conclude that banks have reached peak fossil fuel financing. based bank JP Morgan Chase.
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