Banking on Climate Change: Financial Institutions and Fossil Fuels

A large coalition led by the Rainforest Action Network, and endorsed by Indigenous peoples, and environmental, human rights, and interfaith groups from around the world, have released a comprehensive report tracking the investments of banks in fossil fuels. The research contains data indicating JP Morgan Chase, closely followed by Wells Fargo and Citi, invest the most in fossil fuels. The report further presents different personal stories and different areas where banks specifically invest their fossil fuel money in, such as the Arctic or tar sands.

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