Climate Advocates Arrested Protesting Bank of America During NYC Climate Week
Hi-res photos available on request BofA targeted for its role as a top global funder of fossil fuels connected to human rights violations and climate chaos New York — Today,…
Over a Trillion Financed in Fossil Fuel Expansion; Billions by US Banks Since the Paris Agreement
“Wall Street’s Dirtiest Secret” Exposes How Much Banks Finance Fossil Fuel Expansion and Exploitation OAKLAND — As part of finance day of COP27 the Rainforest Action Network exposed startling facts…
New Report: World’s 60 Largest Banks Have Poured $3.8 Trillion Into Fossil Fuels Since Paris Agreement; Climate Groups Sound Alarm as Financing for Fossil Fuel Expansion Continues to Rise
Even amidst the global economic downturn, fossil fuel financing numbers were higher in 2020 than 2016 *** Read report here: http://www.bankingonclimatechaos.org/ *** Released today, the 12th edition of the most…
PRB banks responsible for over US$1.25 trillion in climate-destructive financing since Paris Agreement
San Francisco, CA – As the UN Principles for Responsible Banking (PRB) marks its one-year anniversary, a review of signatory banks’ financing shows that PRB banks are far from their…
Goldman Sachs Adopts Strongest Fossil Finance Policy by a Major U.S. Bank
Bank Rules Out Thermal Coal and Arctic Oil Projects, Commits to Exit Coal Mining San Francisco– Today, Goldman Sachs announced the strongest fossil finance restrictions of any major U.S. bank, though it still…
Where Should I Put My Money? Tips and Resources
Big banks, big problems If you’re reading this, it’s probably because you recognize that big banks, through their financing and investments, are huge drivers of climate change. In fact, 33…
Report Finds Global Banks Poured $1.9 Trillion into Fossil Fuel Financing Since the Paris Agreement was Adopted, with Financing on the Rise Each Year
Findings reveal U.S. banks dominated fossil fuel funding, with JPMorgan Chase the worst on climate change by an astonishingly wide margin. CONTACT: Ayse Gursoz, (650)391-6443, Ayse@ran.org To download the full…
Banker Blindness to Fossil Fuel Risk
Guest Blog by Tom Sanzillo, IEEFA’s director of finance. Institutions That Fail to Heed Market Warnings Are Likely to End Up With Far Worse Than Bad Grades From the Rainforest Action Network…