The Guardian Australia
·general
·2 hours ago
World’s largest banks pledged $906bn to fossil fuel companies in ‘unfathomable’ increase
World’s largest banks pledged $906bn to fossil fuel companies in ‘unfathomable’ increase in 2025, report finds JPMorgan Chase leads 65 banks making decisions incompatible with restraining rising temperatures, researchers say The world’s largest banks committed $906bn in financing to the fossil fuel industry last year, an “unfathomable” increase in investment locking in years more of coal, oil and gas production.
Summary by Glance · The Guardian Australia
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