SEARCH

Media

From the big banks 1,900 billion dollars to fossil sources

valori.it – April 10, 2019

Despite the Paris Agreement, the 33 largest banks in the world continue to finance coal, oil and gas. Unicredit is among the Italians.

The big international banks dont want to seriously commit themselves to saving our planet. Perhaps because of poor understanding of the risks we face due to climate change. Maybe out of incapacity. Maybe it’s because the will not to give up business as usual is stronger. But the reality is this: to certify it is the “Banking on Climate Change” report, which analyzed the amount of money granted in recent years by financial giants all over the world in the fossil fuel sector.