Sierra Club: Just 7% Of Global Banks' Energy Financing Goes To Renewables, New Data Shows
January 24, 2023
January 24, 2023
NEW YORK, Jan. 24 (TNSres) -- The Sierra Club issued the following news release:
* * *
Data Indicates Major Failings By Financial Institutions To Help Meet Global Commitments On Net Zero
* * *
Major global banks are standing in the way of climate targets with new data showing just 7% of their financing for energy companies went to renewables between 2016 and 2022.
The data, produced for Sierra Club, Fair Finance International, Bank . . .
* * *
Data Indicates Major Failings By Financial Institutions To Help Meet Global Commitments On Net Zero
* * *
Major global banks are standing in the way of climate targets with new data showing just 7% of their financing for energy companies went to renewables between 2016 and 2022.
The data, produced for Sierra Club, Fair Finance International, Bank . . .