Last year, 195 countries came together in Paris to forge a new path forward on climate change. 

Answer

The Paris Agreement was signed with a goal of holding climate change below 1.5°C above pre-industrial levels. While countries make commitments, the financial sector continues to finance risky, environmentally destructive sectors of the fossil fuel industry. In Shorting the Climate, the new report from RAN, BankTrack, Sierra Club and Oil Change International, we’re calling on the global banking sector to end its support for these dangerous sectors: coal mining, coal power, extreme oil (tar sands, Arctic, and ultra-deepwater oil), and liquefied natural gas (LNG) export.

 

 

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