Get access to our best features

Get access to our best features

RBC fossil fuel expansion funding jumped 45% last year to US$10.8B: report

Summary by Ground News
RBC's fossil fuel expansion-related funding jumped by almost half last year to its highest level since the Paris climate agreement was reached in 2015. says the bank's US$10.8 billion in funding last year represents a 45 per cent rise from 2021. The bank has committed to reaching net zero financed emissions by 2050, and has set interim targets for 2030.
Published 2 months ago · Paris, Canada

News Articles

More Filters
Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

100% of the sources lean Left
Lakeland Today
Mountainview Today
Barrie Today
L 100%
See less detail