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Fossil Fuel Financing Surged to $906 Billion in 2025 as Big Banks Retreat From Climate Promises
Causing decades more of earth-warming carbon emissions, last year, the 65 largest banks heavily expanded their fossil fuel financing, committing $906 billion to industry companies — totalling $65 billion more than in 2024, according to a new report. Released today, the 2026 “Banking on Climate Chaos Report,” published annually by the Rainforest Action Network and […]
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desmog.com
Fossil Fuel Financing Surged to $906 Billion in 2025 as Big Banks Retreat From Climate Promises
Causing decades more of earth-warming carbon emissions, last year, the 65 largest banks heavily expanded their fossil fuel financing, committing $906 billion to industry companies…
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theguardian.com
World’s largest banks pledged $906bn to fossil fuel companies in ‘unfathomable’ increase in 2025, report finds
JPMorgan Chase leads 65 banks making decisions incompatible with restraining rising temperatures, researchers say
