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According to a recent report, big global banks, including those in Europe, the Americas, and Asia, are a big part of the problem regarding the climate crisis
Irish-based banks and other financial institutions have channelled almost €6bn worth of investment into fossil fuels and other environmentally harmful industries in poor countries, a global study shows.
Fossil fuel and industrial agriculture industries in the Global South are receiving an average of 20 times more financing from banks than governments are receiving for climate solutions, a report has found.
ActionAid today launched the Fund Our Future campaign during the People's Climate Summit in Nairobi, Kenya and published a report naming and shaming the biggest banks investing in fossil fuels and industrial agroecology in countries in the Global South.
A new report reveals for the first time that the world’s banks including HSBC, Citigroup and Barclays are channeling an astounding 20 times more finance into the major causes of climate change than governments in the Global South are receiving as funding for climate solutions.