New Report Exposes How Global Banks and Investors Are Still “Banking on Biodiversity Collapse” — Coalition Calls for Financial Regulation to Halt Deforestation
São Paulo, Brazil – As world leaders will soon convene in Brazil for COP30, a new report from the Forests & Finance Coalition reveals that finance for sectors driving tropical…
Over 70 Gulf South fossil fuel fighters partner with NYC social justice groups for a week of action confronting the financiers of climate chaos
FOR IMMEDIATE RELEASE July 30, 2025 NEW YORK CITY – Today, leading activists from the Gulf South and New York City immigrant and climate justice organizations are leading a “Toxic…
Deforestation Gains Long-Overdue Recognition in Financial Climate Standards — But Key Loopholes Remain
Today, the Forests & Finance Coalition welcomes the long-overdue recognition in the new Science Based Targets initiative (SBTi) standard for the financial sector (FINZ) that financial institutions (FIs) addressing climate…
Banks fossil fuel finance totals $869 billion in 2024, a dramatic increase in financing
Annual Banking on Climate Chaos reports $429 billion of 2024 dollars are to fossil fuel expanding companies; totaling $1.6 trillion to these companies since 2021 June 17, 2025, New York,…
Banking on Climate Chaos 2025
The world’s 65 biggest banks committed $7,900,000,000,000 over 9 years to the fossil fuel industry, driving climate chaos & deadly health impacts.
Citi and Bank of America Torpedo Net Zero for their New Year’s Resolution
“America’s largest banks are making a new year’s resolution to turn back on their climate promises, disgracefully ending 2024 – a year marred by continued bank funding for fossil fuel…
A Wells Fargo Holiday Secret: Canceling Its Commitment to Net Zero
December 23, 2024 — Wells Fargo quietly exited the Net Zero Banking Alliance (NZBA), announcing the move on a Friday afternoon ahead of a holiday week with no explanation. Wells…
Venture Global Breaks Contracts & will Break the Climate: Its IPO is a Bad Deal
Banks are far from reigning in their most carbon intensive clients or upholding their human rights policies (New York City, New York) — Scandal-ridden Venture Global is filing for its…
