Stay updated with breaking news from Rainforest Action. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
A new report shows how some private banks that make climate pledges and net-zero commitments are also top contributors to companies behind extracting fossil fuels.
"Financial institutions need to be held accountable for their role in financing false solutions."
A chronological listing of news articles posted on the Skeptical Science Facebook Page during the past week: Sun, Apr 9, 2023 thru Sat, Apr 15, 2023. Story of the Week Banks Say They’re Acting on Climate, But Continue to Finance Fossil Fuel Expansion Two new reports say banks are not shifting away from fossil fuels fast enough. While lending declined last year, it was likely because oil companies were “swimming in profits.”
Two new reports say banks are not shifting away from fossil fuels fast enough.
A new report calls out the top 60 private banks funding fossil fuel projects. Most of them have climate pledges.