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Global Banks Boost Fossil Fuel Funding by 8% to $906 Billion

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Global Banks Boost Fossil Fuel Funding by 8% to $906 Billion

Major global banks increased their financing for fossil fuel companies by 8% in 2025, reaching a total of $906 billion. This marks the second consecutive year of growth in such funding, despite ongoing climate policy discussions.

June 9, 2026Published 2 hours ago