Despite net-zero pledges, banks used $750 billion to finance fossil fuels in 2020
GreenBiz
MARCH 26, 2021
The analysis, " Banking on Climate Chaos 2021 ," underscores that while overall fossil fuel financing did tumble significantly in 2020, the total amount of financing provided to fossil fuel firms in 2020 was still more than $40 billion higher in 2020 than in 2016, at $750 billion. Overall, the world's leading banks have channelled $3.8
Let's personalize your content