© 2020 – 2021 AEA3 WEB
Image default

Big banks’ trillion-dollar finance for fossil fuels ‘shocking’, says report

Coal, oil and gas firms have received $3.8tn in finance since the Paris climate deal in 2015

The world’s biggest 60 banks have provided $3.8tn of financing for fossil fuel companies since the Paris climate deal in 2015, according to a report by a coalition of NGOs.

Despite the Covid-19 pandemic cutting energy use, overall funding remains on an upward trend and the finance provided in 2020 was higher than in 2016 or 2017, a fact the report’s authors and others described as “shocking”.

Continue reading…

Related posts

Doctors step up drive for probe into PPE and Covid deaths among health workers


Mystery sender returns key ‘borrowed’ from Norman tower in 1973


Witness claims seeing Giulio Regeni in Cairo police station before death


Your ads here. Click here