Banking On Climate Chaos 2026
The world’s 65 biggest banks committed $8,700,000,000,000 over 10 years to the fossil fuel industry, driving climate chaos & deadly health impacts.
Global banks financed fossil fuels with $8.7 trillion since the Paris Agreement; $906 billion in 2025 alone; JPMorgan Chase, Bank of America, and MUFG are the world’s three worst funders
Banking on Climate Chaos report reveals nearly $1 trillion in annual fossil fuel financing as bank policy rollbacks accelerate and fossil energy instability deepens the global cost-of-living crisis June 8,…
Financing A Fossil-Free Future: Rainforest Action Network’s Role in Historical Fossil Fuel Phase-Out Summit
Last week in Santa Marta, Colombia, the world took a meaningful step towards ending its fossil fuel dependency. The first-ever country-level talks on pathways for transitioning away from fossil fuels…
Civil Society Coalition Advances Financial Reform Agenda At Historic Fossil Fuel Phase-Out Summit In Santa Marta
First-Ever Country-Level Fossil Fuel Phase-out Talks Draw 57 Nations; RAN and Partners Contribute to Landmark Recognition of Financial System Reform in Summit Outcomes SANTA MARTA, Colombia: The Rainforest Action Network…
STOP CP2
Banks and insurance companies use your money to invest in the largest fossil fuel buildout of our lifetimes: methane gas expansion along the U.S. Gulf Coast. These facilities need three…
Financing a Fossil-Free Future: A Roadmap for Realigning Public and Private Finance with a Just and Managed Fossil Fuel Phase Out
Financial systems continue to enable fossil expansion while shielding its beneficiaries from accountability. A credible and durable phase-out therefore requires aligning financial rules, incentives, and regulations with climate goals and human rights and biodiversity protections.
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,…