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Home Agribusiness Banking on Climate Chaos Report Shows ‘Tremendous’ Financing Surge

Banking on Climate Chaos Report Shows ‘Tremendous’ Financing Surge

June 17, 2025

The 16th annual Banking on Climate Chaos report, which was released Tuesday, found that dozens of the world’s biggest banks committed $869 billion to firms engaged in fossil fuels in 2024—a “tremendous” increase from the overall fossil fuel financing that was recorded the year prior, according to the authors of the study.The report comes a…

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