Big banks fund new oil and gas despite net zero pledges

Big banks fund new oil and gas despite net zero pledges

Since joining the Net Zero Banking Alliance last year, 24 big banks have provided $33bn for new oil and gas projects, with more than half of that amount ($19bn) coming from four of the founding members – HSBC, Barclays, BNP Paribas and Deutsche Bank, the campaigners said.

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