Banks Fossil Fuel Finance Totals $869 Billion in 2024, A Dramatic Increase in Financing
Annual Banking on Climate Chaos reports $429 billion of 2024 dollars are to fossil fuel expanding companies; totaling $1.6 trillion to these companies since 2021
Annual Banking on Climate Chaos reports $429 billion of 2024 dollars are to fossil fuel expanding companies; totaling $1.6 trillion to these companies since 2021
Wet’suwet’en First Nation hereditary leaders filed a formal complaint against the Japan Bank for International Cooperation (JBIC) for financing LNG Canada, a massive fossil gas project that depends on a pipeline built without their consent, on their unceded land. Despite these violations,...
Just four Global North countries, the United States, Canada, Australia, and Norway, are overwhelmingly responsible for blocking global progress on phasing out oil and gas production, according to new analysis from Oil Change International.
Thirty years ago, on November 10, 1995, writer and environmental activist Ken Saro-Wiwa and eight other Ogoni leaders known as the Ogoni 9, were executed by Nigeria’s military regime for resisting Shell’s oil exploitation and environmental destruction in the Niger...
The path to 1.5ºC depends on what’s decided here in Belém and whether the world will stand with people or polluters.
By gutting NEPA, the SPEED Act would allow fossil fuel companies and other polluting corporations to cut corners in environmental reviews; bury information about the risks posed by their dirty, dangerous projects; and silence community opposition.
This report reveals G20 countries have provided at least $77 billion a year in public finance to oil, gas and coal projects since the Paris Agreement through their international public finance institutions. This government-backed support to fossil fuels from export...
Sixty climate and human rights groups from around the globe have issued a set of "Principles for Paris-Aligned Financial Institutions" to offer a roadmap for the decarbonization of the finance sector on a timetable aligned with the Paris Agreement.
FOR IMMEDIATE RELEASE October 13, 2015 Contact: Hannah McKinnon, hannah [at] priceofoil [dot] org Global Climate Movements Seek Fossil Fuel Company Transparency on Future Viability of Oil, Coal, Gas Heinrich Böll Foundation, Oil Change International, Climate Justice Programme Global reporting standards for...
The U.S. government is providing extensive support for fossil fuel production on public lands and waters offshore, through a combination of direct subsidies, enforcement loopholes, lax royalty collection, stagnant lease rates, and other advantages to the industry, a new report...