World’s largest banks pledged $869bn to fossil fuel firms in 2024, new report finds

theguardian.com/business/2025/jun/17/world-banks-fossil-fuel-finance-2024

Two-thirds of the biggest 65 banks increased financing by $162bn from 2023 to 2024, walking back climate promises
The world’s largest banks boosted the amount of financing given to fossil fuel companies last year, committing $869bn to those involved in coal, oil and gas despite the…

This story appeared on theguardian.com, 2025-06-17 06:00:41.
The Entire Business World on a Single Page. Free to Use →