
HSBC, Barclays, BNP Paribas and Deutsche Bank are accused of pumping billions into expanding fossil fuel expansion | Credit: iStock
New analysis reveals Net Zero Banking Alliance members funnelled $33bn towards expanding oil and gas production over past year, but banks insist they are working to reduce their exposure to fossil fuels
Scores of Europe's leading banks have been accused of continuing to flout advice from climate scientists and economists by pumping tens of billions of dollars into expanding oil and gas production last...
To continue reading this article...
Join BusinessGreen
In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:
- Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
- Receive important and breaking news stories via our daily news alert
- Our weekly newsletter with the best of the week’s green business news and analysis