Banks Face Rising Risks From Climate Lawsuits

Big Banks Financed $7.9 Trillion in Fossil Fuel Funding Since Paris Climate Deal Signed

In other environmental news, a new report has revealed the world’s largest banks committed nearly $900 billion last year to finance coal, oil and gas projects. That’s a 23% increase over the previous year. Altogether, the world’s largest 65 banks have committed $7.9 trillion to the fossil fuel industry since the Paris climate deal was reached 10 years ago.

Banks face rising risks from climate lawsuits

Fossil fuel financing by the world’s largest lenders is on the rise — and so is the potential for legal trouble

Global banks increase fossil-fuel funding as climate pledges crumble

With major U.S. lenders dropping out of net‑zero alliances and exploiting loopholes, it’s clear: voluntary green promises aren’t slowing the fossil fuel pipeline