Dear Supporter,
The newest edition of our annual "Banking on Climate Chaos" report has some truly astounding findings about dirty fossil fuel projects and the big U.S. banks that are funding them:
Banks around the world are still dumping billions of dollars into fossil fuels every year. In 2023 alone, banks poured more than $700 billion into fossil fuel companies. And the Wall Street banks are the worst of the bunch.
The four major U.S. banks alone -- JPMorgan Chase, Citi, Bank of America, and Wells Fargo -- provided $143 billion to fossil fuels last year. What's more, several of these banks have weakened their climate commitments and increased funding for the methane and coal sectors.
Voluntary net zero "commitments" aren't working. Banks are giving crucial funding to the companies behind controversial fossil fuel projects like:
❌ Liquefied methane gas exports on the Gulf Coast
❌ Willow Project in Alaska
❌ Line 3 and Line 5 pipelines
❌ Oil & gas in the Amazon rainforest |