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The world's largest banks have pledged $906bn to fossil fuel companies in 2025, representing a significant increase in financial support for the fossil fuel industry.

ClimateEconomicsCorporate ResponsibilityJun 9, 2026score 0.492 posts · 0 replies across 2 instances
The thread discusses a report revealing that the world's largest banks committed $906bn to fossil fuel companies in 2025, highlighting a significant increase in financial support for the fossil fuel industry. This raises concerns about environmental impact and the role of financial institutions in climate change.

Claims

The world's largest banks have pledged $906bn to fossil fuel companies in 2025, representing a significant increase in financial support for the fossil fuel industry.
Parent: FinanceEntity: Global BanksImpact: negativeDate: Jun 9, 2026Target: The financial support provided by global banks to fossil fuel companies in 2025.

Source posts

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World’s largest banks pledged $906bn to fossil fuel companies in ‘unfathomable’ increase in 2025, report finds https://www.theguardian.com/environment/2026/jun/09/world-banks-pledge-billions-fossil-fuel-industry-2025
3 boosts · 3 favs · 0 replies · Jun 9, 2026
@[email protected]
World’s largest banks pledged $906bn to fossil fuel companies in ‘unfathomable’ increase in 2025, report finds https://www.theguardian.com/environment/2026/jun/09/world-banks-pledge-billions-fossil-fuel-industry-2025 #climate #fossilfuels #investment #divestment
5 boosts · 0 favs · 0 replies · Jun 9, 2026
#climate#fossilfuels#investment#divestment