Among world’s top 60 banks those in US are biggest fossil fuel financiers, while Barclays leads way in Europe

The world’s big banks have handed nearly $7tn (£5.6tn) in funding to the fossil fuel industry since the Paris agreement to limit carbon emissions, according to research.

In 2016, after talks in Paris, 196 countries signed an agreement to limit global heating as a result of carbon emissions to at most 2C above preindustrial levels, with an ideal limit of 1.5C to prevent the worst impacts of a drastically changed climate.

  • Tryptaminev
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    6 months ago

    I would like to focus on a different consideration. When you do what is in your small power, it is empowering. And if you feel empowered, you are more inclined to expect and demand action from political and economical actors, as well as it can protect you against emotional campaigns like the shaming, or pushing for people feeling desolate and giving up on change.