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Report: World largest banks pledged Ksh117 trillion to fossil fuel companies in 2025 | Collector
Report: World largest banks pledged Ksh117 trillion to fossil fuel companies in 2025
PEOPLE DAILY

Report: World largest banks pledged Ksh117 trillion to fossil fuel companies in 2025

The world’s largest banks committed $906 billion (117.21 trillion) in financing to the fossil fuel industry last year, an “unfathomable” increase in investment locking in years more of coal, oil and gas production as the world continues to overheat, a new report has found. The surge in new fossil fuel lending, up $64 billion (Ksh8.28 […]

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