Macedonian text: Photo: By Chris Leboutillier via Unsplash.com The largest banks in the world in the year of the mine have disbursed 906 billion dollars for financing the fossil fuel industry, shows a new alert of the coalition of environmental organizations, writes The Guardian. The largest financier of fossil fuels is again the American bank JPMorgan Chase, which in 2025 will invest 58 billion dollars in the sector, which is growing from 13 percent in one year. After Bank of America, the Japanese banks MUFG and Mizuho Financial, as well as Citigroup.
The British Barclays is in the 8th place, which is the highest ranking European bank on the list. In 2015, the states signed the Paris Climate Agreement with the aim of limiting global warming to 1.5 degrees Celsius above pre-industrial levels.
Topics: #billion #dollars #fossil
