High level links between polluting sectors and bank directors could be acting as a block to climate action, campaigners warn.
Campaigners urge lenders to follow the example of French banks that pulled support for new terminals.
Royal Bank of Canada edged out JPMorgan Chase as the top banker of fossil fuels in 2022, new report finds.
The UK has been accused of “locking us all into more carbon emissions for decades to come” by giving so much assistance to the sector.
The legal action represents a world-first climate lawsuit against a commercial bank.
"Lack of regulation makes for a Wild West of sustainable fund management", Edward Lander from Ethical Consumer said.
US and Mexican activists fighting new oil and gas projects said they had to give a basic lesson on the harm caused by fracking during meetings with financiers in London.
A new report finds that while the multilateral development bank tries to position itself as a climate leader, it still supports gas pipelines, refineries, and gas export terminals.
Major verifier of existing projects says ‘few, if any, credits would pass’ under proposed new rules.
The industry, which is currently meeting in Monte Carlo, still has its head in the sand when it comes to the climate, write Ariel Le Bourdonnec and Lindsay Keenan.