Newest report on banks & fossil fuels finds $1.9T in financing since Paris Agreement
Today marks the release of *Banking on Climate Change: Fossil Fuel Finance Report Card 2019* *. *This 10th annual bank report card was published by Rainforest Action Network, BankTrack, Indigenous Environmental Network, Sierra Club, Oil Change International and Honor the Earth, and endorsed by more than 160 organizations around the world. The report finds that *33 global banks financed fossil fuels with $1.9 trillion since the Paris Agreement was adopted, led by JPMorgan Chase*, the world’s biggest banker of climate change by a wide margin. This is dangerously at odds with the steep cuts to emissions we need in order to keep the world’s warming to 1.5°C, according to last year’s IPCC report.
At ran.org/bankingonclimatechange2019 you can download the report, interact with the data, read the case studies, and more. Any help you can lend to get the word out on social media would be much appreciated. Here is a social media toolkit with some sample posts and share graphics for your use.
Thank you for your support in our collective effort to end bank financing for fossil fuels and human rights abuses.
P.S. If you’re as enraged as I am about this news, click here to sign your organization on to a letter to JPMorgan Chase demanding they defund climate change .