Joachim Kattrup
Verdensbanken har, ifølge den tyske klimaorganisation Urgewald, siden indgåelse af klimaftalen i Paris i 2015 finansieret den fossile energisektor for milliarder af amerikanske dollars.
Financing Fossil Fuel
Banks that sign up for the Net-Zero Banking Alliance commit to align their lending and investment portfolios with the goal of achieving net-zero emissions by 2050. But the reality is that the biggest financiers of the world’s energy supply — many of which happen to be members of...
Lloyds updated its climate policy to make the change, which bars project financing or reserve-based lending to greenfield oil and gas projects, although the policy would still mean it could provide general lending to companies in the industry.
Russia’s war in Ukraine and the global energy crisis have completely flipped the playbook, with oil and gas sectors now attracting big money especially from private investors.
THE GOLDMAN SACHS GROUP (XNYS:GS) & JPMORGAN CHASE (XNYS:JPM)
Commerzbank(XFRA:CBK), Danske Bank (XCSE:DANSKE), BARCLAYS(ARCX:GAZ)
From 2016 to 2020, commercial banks have channeled more than $314 bn to the leading companies developing new oil and gas projects in the Arctic. More than a third (222 out of 599) of these fields are already under production, representing more than 4...
Total SE (XNYS:TOT) & CONOCOPHILLIPS (XNYS:COP)
MORGAN STANLEY (XNYS:MS) BANK OF AMERICA (XNYS:BAC) #CITIGROUP (XNYS:C)
BANK OF AMERICA (XNYS:BAC) #JPMORGAN CHASE (XNYS:JPM) #CITIGROUP (XNYS:C) WELLS FARGO (XNYS:WFC)
#ADANI PORTS AND SPECIAL ECONOMIC ZONE LIMITED (XNSE:ADANIPORTS)
Issue: Funding Systemic Racism