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The Banking on Climate Chaos report remains the most comprehensive analysis of the top 60 banks by asset size financing of fossil fuel companies.
Lending & underwriting totals for the top 60 banks globally.
Fossil fuel financing from the world’s 60 largest banks has reached nearly $6.9 trillion in the eight years since the adoption of the Paris Agreement, with $705 billion in 2023 alone.
We’re at a critical moment for our climate. Every dollar spent on fossil fuels is a dollar too much. Big banks have committed over $6.9 TRILLION to fossil fuels in the past 8 years, including $3.3 trillion to the companies behind coal, oil, and gas expansion around the world. These banks are equally responsible for climate chaos as the companies they support.
3 NEW IEN reports on False Solutions released at COP27
These briefings are the first in a series of the Climate Justice Program by the
Indigenous Environmental Network.
“The Indigenous Resistance Against Carbon report uplifts the work of countless Tribal Nations, Indigenous water protectors, land defenders, pipeline fighters, & many others who have dedicated their lives to defending their inherent right of Indigenous sovereignty.”
In 1991, near the sacred Bear Butte in South Dakota, near 500 Native people came together at the outdoor 2nd Annual IEN Protecting Mother Earth gathering. At this gathering, this Unifying Principle and the Environmental Code of Ethics were written.
IEN is an alliance of Indigenous Peoples whose Shared Mission is to Protect the Sacredness of Earth Mother from contamination & exploitation by Respecting and Adhering to Indigenous Knowledge and Natural Law
IEN is an alliance of Indigenous Peoples whose Shared Mission is to Protect the Sacredness of Earth Mother from contamination & exploitation by strengthening, maintaining and respecting Indigenous teachings and natural laws.