Banks pumped more than $150B into companies running ‘carbon bomb’ projects last year
Exclusive: Projects that risk the 1.5 C heating target are operated by companies receiving financing from European, Chinese and North American banks.
JPMorgan Chase
U.K. and U.S. banks among biggest backers of Russian ‘carbon bombs’
Ukrainian campaigners call for an immediate end to investments, cut funds for Russia's war and help avoid climate breakdown.
Prince William's conservation charity invests with bank tied to dirty fuels
The conservation charity founded by Prince William, second in line to the British throne and who launched the Earthshot Prize, keeps its investments in a bank that is one of the world’s biggest backers of fossil fuels, The Associated Press has learned.
Banks miles away from hitting Paris climate targets
The world’s most influential banks need to substantially accelerate climate efforts if global temperature rise is to be kept within the targets of the Paris Agreement, an assessment released on Thursday, July 28, 2022, by an institutional investors group warned.
Biggest banks still invest trillions in fossil fuels: report
The world’s largest banks have provided $3.8 trillion of financing for fossil fuel companies since the 2015 Paris climate deal, NGOs report.
Central bank warns of cyberattack vulnerabilities in financial sector
Canada's interconnected banks are vulnerable to a cascading series of cyberattacks that could undermine broad confidence in the financial system, the Bank of Canada warns.