Fossil fuels receiving over 9 times more finance than renewable energy from world’s top banks

The world’s 25 largest private sector banks channelled at least USD 931 billion into fossil fuel companies in the period 2009-2014, according to a new report launched today by Fair Finance Guide and BankTrack, while over the same period the banks’ financing of renewable energy totalled USD 98 billion. Alexandre Naulot, spokesperson at Fair Finance […]