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Rainforest Action Network: JUST 7% OF GLOBAL BANKS' ENERGY FINANCING GOES TO RENEWABLES, NEW DATA SHOWS
January 25, 2023
SAN FRANCISCO, California, Jan. 25 (TNSres) -- Rainforest Action Network issued the following news release on Jan. 24, 2023:

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, BankTrack and Rainforest Action Network, indicates major failings by financial institutions to help meet globa . . .

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