Between 2016 and 2022, banks have provided some $3.2tn to the fossil fuel industry to expand operations in the global south.

Top US banks like Citigroup, Bank of America and JP Morgan Chase have offered trillions to Saudi Aramco, Exxon and other fossil fuel companies for fossil fuel activity in developing countries in regions such as South America and Africa.

#climateChange #climateCatastrophy #climateEmergency #climateBreakdown #tippingPoint

https://www.theguardian.com/us-news/2023/sep/04/banks-pour-trillions-fossil-fuel-expansion-global-south-report-says

Banks pouring trillions to fossil fuel expansion in global south, report finds

Since the 2015 Paris Climate Agreement, banks have provided some $3.2tn to the fossil fuel industry to expand operations

The Guardian