Banks funding fossil fuel industry
Fossil fuel projects don’t just need governmental approval - they also need money. Behind every fossil fuel project there's a private bank financing global heating and the destruction of Earth.
From Rainforest Action Network's Report: Banking on Climate Change 2020, "33 of the world's largest banks have financed fossil fuels with 1.9 trillion since the Paris Agreement was signed, with financing on the rise each year."
JPMorgan Chase, Wells Fargo, Bank of America, and Citibank are the four top banks funding fossil fuels globally - these banks account for 30% of all fossil fuel financing from the 35 major global banks since the Paris Agreement was adopted. They are perpetuating the sixth mass extinction.
If you live in the states, you can sign up with Stop the Money Pipeline to take action and click the links below. If you live in another country, check out the annual Banking on Climate Chaos report from Rainforest Action Network to learn about banks in your country that are funding the fossil fuel industry.
