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Big Banks Financed $7.9 Trillion in Fossil Fuel Funding Since Paris Climate Deal Signed

HeadlineJun 18, 2025

In other environmental news, a new report has revealed the world’s largest banks committed nearly $900 billion last year to finance coal, oil and gas projects. That’s a 23% increase over the previous year. Altogether, the world’s largest 65 banks have committed $7.9 trillion to the fossil fuel industry since the Paris climate deal was reached 10 years ago.

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