113 days ago • Posted by Charles-Henry Monchau

JP Morgan is the world's largest banker of fossil fuels

Many banks have pledged to cut funding to fossil fuels but last year $750bn of financing went to coal, oil and gas companies. This was 9% down on the year before but the drop could have been a Covid induced blip amid weak demand for oil - source: FT  

Cumulative fossil fuels loans (2016-2020)
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