The 2024 Banking on Climate Chaos report is the most comprehensive analysis on fossil fuel banking produced to date.

Cover Banking on Climate Chaos 2024

Market based solutions fail on their premise; fossil fuel emissions must be limited at their source, immediately.

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.

  • Covers 4228 companies with fossil fuel business, 10 unconventional sectors, and companies expanding fossil fuels.
  • Banks see and confirm their data before the report is published.
  • All of the bank financing that fuels climate chaos is completely preventable.
  • There are other sources of financing that fossil fuel companies access not covered in the report but affect the numbers shown.

Endorsed by 589 organizations from 69 countries.

Banks are rolling back climate policies.

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.

Honoring human rights mitigates climate risk. Banks must integrate these two risk monitoring structures.

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.

Any fossil fuel expansion is not compliant to keep planetary warming below 1.5 degrees.
IEN is co-sponsoring a two-day event at The New School in NYC filled with educational panels, breakout sessions, a teach-in assembly and even a movement social!

From the Peoples' Agenda for the NY Climate Week and on to COP28!

Indigenous Peoples and Youth Calling for a Moratorium on Climate False Solutions and an End to DAPL at the United Nations

3 NEW IEN reports on False Solutions released at COP27

Climate Finance
Climate smart agriculture
nature based Solutions

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.”

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