Banks backtracked on climate pledges last year, handing €750bn to fossil fuel firms
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Euronews.com
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A report reveals that the world's largest banks increased fossil fuel financing in 2024, providing $869 billion to oil and gas companies, marking a $162.5 billion increase from 2023. This trend is linked to banks retreating from climate commitments, with significant financing from American banks like JPMorgan Chase and Barclays in Europe. Despite some banks showing progress, many have reverted to financing fossil fuel expansion, raising concerns about climate impacts. Teljes cikk (Euronews.com)