© 2020 – 2024 AEA3 WEB | AEAƎ United Kingdom News
AEA3 WEB | AEAƎ United Kingdom News
Image default
News

Europe’s banks helped fossil fuel firms raise more than €1tn from global bond markets

Exclusive: Pan-European investigation looked at thousands of transactions since Paris climate agreement in 2016

Banks including some of Europe’s largest lenders have helped fossil fuel companies to raise more than €1tn (£869bn) from the global bond markets since the Paris climate agreement, according to an investigation by the Guardian and its reporting partners.

In the push to zero carbon Europe’s biggest lenders face growing pressure to limit their financial support for fossil fuel companies through direct loans and other financing facilities.

Continue reading…

Related posts

Russia-Ukraine war: Donbas battles ‘most brutal’ Europe has seen, Zelenskiy says; civilians trapped in Sievierodonetsk – live

AEA3

Tory rebels call time on leadership challenge as Sunak limps on

AEA3

Hinkley Point B owner says it will not extend life of nuclear plant

AEA3