Why Are Banks Still Financing Fossil Fuels

By switzerlandersing On Sep 10, 2025

Why Are Banks Still Financing Fossil Fuels?

Why Are Banks Still Financing Fossil Fuels? U.s. banks cut fossil fuel financing 25% in 2025, defying trump’s pro coal, pro oil push as markets pivot toward cleaner, lower risk investments. Financial institutions continue to bankroll climate change despite rapid increases in extreme weather events and their impacts. funds going to fossil fuels delay the low carbon transition – so.

Which Banks Are Increasing And Decreasing Fossil Fuel Financing?

Which Banks Are Increasing And Decreasing Fossil Fuel Financing? Cover story: why are banks still financing fossil fuels? is it better to engage with fossil fuel companies or to divest? banks appear to have voted with their funds, as financing continues to be funnelled to fossil fuel companies that are in expansion mode. But monday’s report highlights how global banks continue to finance new and existing fossil fuel related endeavors. Our bank map is needed now more than ever, after the publication of banking on climate chaos fossil fuel finance report 2025. the report spotlights how the largest banks in the world are profiting from fossil fuels that are driving us off the climate cliff. As the climate crisis accelerates, many of the world’s biggest banks – including several household names in the uk – continue to pour billions into fossil fuel projects, despite public commitments to reach net zero emissions.

Banks Are Financing Climate Chaos | Fossil Banks No Thanks!

Banks Are Financing Climate Chaos | Fossil Banks No Thanks! Our bank map is needed now more than ever, after the publication of banking on climate chaos fossil fuel finance report 2025. the report spotlights how the largest banks in the world are profiting from fossil fuels that are driving us off the climate cliff. As the climate crisis accelerates, many of the world’s biggest banks – including several household names in the uk – continue to pour billions into fossil fuel projects, despite public commitments to reach net zero emissions. U.s. banks are still leaders of the pack of fossil fuel financing, with four of the six reigning among the dirty dozen, the highest financiers of fossil fuels since the paris agreement. Europe’s 25 largest banks now all have a commitment in place to reach net zero by 2050, according to a shareaction report published in december 2022. “no major european bank had made such a commitment when we first conducted that assessment [in 2020], so that’s positive progress,” says martin. Widespread fossil fuel financing and a lack of transparency around financing activities dominate the sector. our rankings highlight which banks are failing to address the climate crisis and the few leading the way toward a more sustainable future. Discover how the world's 60 biggest banks funded fossil fuels to the tune of $6.9 trillion post paris agreement. uncover the impact of financial institutions on climate chaos and the urgent need for a fossil free banking world.

60 Largest Banks Invested $3.8 Trillion Into Fossil Fuels In The Five Years After Paris Climate ...

60 Largest Banks Invested $3.8 Trillion Into Fossil Fuels In The Five Years After Paris Climate ... U.s. banks are still leaders of the pack of fossil fuel financing, with four of the six reigning among the dirty dozen, the highest financiers of fossil fuels since the paris agreement. Europe’s 25 largest banks now all have a commitment in place to reach net zero by 2050, according to a shareaction report published in december 2022. “no major european bank had made such a commitment when we first conducted that assessment [in 2020], so that’s positive progress,” says martin. Widespread fossil fuel financing and a lack of transparency around financing activities dominate the sector. our rankings highlight which banks are failing to address the climate crisis and the few leading the way toward a more sustainable future. Discover how the world's 60 biggest banks funded fossil fuels to the tune of $6.9 trillion post paris agreement. uncover the impact of financial institutions on climate chaos and the urgent need for a fossil free banking world.