Why are climate-committed banks living in a fuel's paradise?

clock • 7 min read
Why are climate-committed banks living in a fuel's paradise?

The world's biggest banks are struggling to live up to their net zero commitments, and activists have noticed

Frustration with the banking industry is gaining currency - in particular, the sector's role in financing fossil fuels. A new report from a consortium of activist NGOs led by the Rainforest Action Network...

To continue reading this article...

Join BusinessGreen

  • Enjoy exclusive news, insights and analysis from Europe’s leading source of information on the green economy and business.
  • Make smart, responsible business decisions with an eye on the latest regulatory and tech development
  • Tap into our extensive archive of exclusive articles, news, analysis and guide
  • Access to our new BusinessGreen intelligence service, providing you with
  • > Exclusive in-depth case studies
  • > Policy briefings, white papers and reports on market trends that are shaping the direction of the net zero transition
  • Our overnight briefing, expertly curated help you run a competitive and sustainable business
  • Online and interactive meetings with BusinessGreen’s editors to discuss the crucial stories and trends from the past month

Choose the membership package that's right for you and your organisation, via our 3 membership levels.

Join now

 

Already a BusinessGreen member?

Login

More on Investment

Watch for these signs on whether banks remain serious about net zero

Watch for these signs on whether banks remain serious about net zero

Banks are losing their 'training wheels' on climate - Here's how to tell who is still pedalling toward net zero

Elsa Wenzel, Trellis
clock 31 January 2025 • 7 min read
BloombergNEF: Clean energy investment tops $2tr for first time

BloombergNEF: Clean energy investment tops $2tr for first time

But influential analyst warns major 'investment gap' remains if world is to deliver on goals of Paris Agreement

clock 30 January 2025 • 4 min read
Grid flexibility specialist Voltalis unveils £1bn UK investment plan

Grid flexibility specialist Voltalis unveils £1bn UK investment plan

France-headquartered demand response firm says investment will aim to develop 5GW of capacity for UK residential and commercial buildings over next five years

clock 29 January 2025 • 2 min read