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Central Banks Helping Funnel Trillions of Dollars into Fossil Fuels Despite Climate Pledges, Research Finds

  • DeSmogBlog faviconDeSmogBlog

    By Theodore WhyteAug 25, 2021, 11:39 am211 ptsTrending
    photo of Central Banks Helping Funnel Trillions of Dollars into Fossil Fuels Despite Climate Pledges, Research Finds imageCentral banks are continuing to help channel trillions of dollars into fossil fuels through policy decisions and direct financing, with overall sums rising in recent years, a new report has found. None of the twelve banks examined are on track to meet the Paris Agreement targets despite many of them recently…
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