Financial industry: These banks funded f • Table.Briefings

JP Morgan Chase, according to a recent analysis, invests a particularly large amount of money in the fossil fuel industry.

Major banks continue to invest billions in the fossil fuel industry. In some areas, investments have even increased. However, there are also pioneers for a climate-friendly financial industry.

Sixty of the world’s largest banks invested over 700 billion dollars in supporting oil, gas and coal companies in 2023, apparently flying in the face of international efforts to combat climate change by decarbonizing the global economy.

Financial industry: These banks funded fossil fuels with 700 billion in 2023 despite climate goals

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