image missing Date: 2021-10-26 Page is: DBtxt003.php L0900-MBF-Financing-energy-01a


MONEY, BANKING and FINANCE
FINANCING ENERGY
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Massive role of commercial banks in financing fossil fuel energy.
 •   This is for the years 2014, 2015 and 2016.
 •   This group of banks provided around $100 trillion a year in energy financing.
 •   Banks from China top this league table.
 •   US Banks are also major actors in this sector
 •   Essentialy all the major banks are implicated.
 •   The major banks' investment in initiatives to combat climate change are puny !!!!!!!!!!!!


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