Les champs auteur(e)s & mots-clés sont cliquables. Pour revenir à la page, utilisez le bouton refresh ci-dessous.
filtre:
banque
The nation’s top banks are quietly advising their clients on how to build a financial life raft — or perhaps life yacht — from the wreckage of runaway climate change. Make no mistake: The forecasts coming from Wall Street’s leading financial institutions are bleak. But they also point their clients to potential profit-making opportunities from the havoc spreading across the planet, writes Corbin Hiar.
Since the Paris Agreement in 2016, the world’s 60 largest private banks financed fossil fuels with USD $6.9 trillion. Nearly half – $3.3 trillion – went towards fossil fuel expansion. In 2023, banks financed $705 billion in fossil fuel financing with $347 billion going to fossil fuel expansion alone.
Higher rates slow the renewable energy transition and shield oil and gas producers from competition by low-carbon producers
US and UK financial institutions have been among the leading investors in Russian “carbon bomb” fossil fuel projects, according to a new database of holdings from recent years.
An investor’s rant gives an insight into the City’s short-termist view of the environment crisis
Europe’s 25 largest banks are still failing to present comprehensive plans that address both the climate crisis and biodiversity loss, putting their sustainability pledges in doubt, campaigners have warned.
This report analyzes fossil fuel financing from the world’s 60 largest commercial and investment banks — aggregating their leading roles in lending and underwriting of debt and equity issuances — and finds that these banks poured a total of $3.8 trillion into fossil fuels from 2016–2020.