Banks still finance too much fossil fuel, NGOs say
Les banques financent toujours trop les hydrocarbures (ONG)
Summary
The world's banks again increased their fossil-fuel investments in 2025, according to the NGO report 'Banking on Climate Chaos'. French banks bucked the global trend by cutting their fossil financing, even as the IEA says such funding must fall to achieve the energy transition.
Preview
Related dispatches
- EL PAÍS Jun 29, 2026
Spain's largest saltwater wetland is drowning and crying for help: 'The sea is eating the Bahía de Cádiz natural park'
- EL PAÍS Jun 28, 2026
Spending the night in a Paris park to avoid suffocating at home: the heat exposes Europe's lack of preparation for the climate crisis
- EL PAÍS Jun 27, 2026
Today's climate already makes heatwaves of nearly 40 days feasible in Europe
- FRANCE 24 Jun 25, 2026
TotalEnergies ordered to include its customers' emissions in its climate strategy
- FRANCE 24 Jun 25, 2026
TotalEnergies' controversial oil project in Uganda remains in NGOs' sights
- EL PAÍS Jun 25, 2026
Spain, Austria, Italy and Luxembourg call for preserving the LIFE environmental program in the EU's multiannual budget
- DEUTSCHE WELLE Jun 25, 2026
India braces for drought as El Nino looms
- FRANCE 24 Jun 25, 2026
Why is Europe so exposed to heat domes?
- FRANCE 24 Jun 25, 2026
Heatwave: ecological violence... and political
- EL PAÍS Jun 9, 2026
The 'dirty dozen': the big banks ramping up fossil-fuel financing under Trump