Cumulative financing of fossil fuel industry by banks worldwide 2016-2023

Cumulative financing of fossil fuel industry by selected banks worldwide from 2016 to 2023

CharacteristicAmount in billion U.S. dollars
JPMorgan Chase 430.93
Citi 396.33
Bank of America 333.16
MUFG 307.67
Wells Fargo 296.25
Mizuho 272.4
RBC 256.45
Barclays 235.19
SMBC Group 212.16
UBS 210.73
Scotiabank 192.78
HSBC 192.22
BNP Paribas 186.79
Created with Highcharts 7.2.2Amount in billion U.S. dollars430.93430.93396.33396.33333.16333.16307.67307.67296.25296.25272.4272.4256.45256.45235.19235.19212.16212.16210.73210.73192.78192.78192.22192.22186.79186.79184.93184.93183.55183.55178.44178.44152.81152.81148.61148.61145.09145.09135.2135.2134.88134.88132.44132.44127.94127.94126.78126.7884.0984.09JPMorgan ChaseCitiBank of AmericaMUFGWells FargoMizuhoRBCBarclaysSMBC GroupUBSScotiabankHSBCBNP ParibasGoldman SachsMorgan StanleyTDICBCBank of MontrealBank of ChinaCiticCIBCDeutsche bankSociete GeneraleCredit AgricoleChina Merchants Bank
0255075100125150175200225250275300325350375400425450475
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Release date

July 2024

Region

Worldwide

Survey time period

2016 to 2023

Supplementary notes

Bank financing for approximately 4,228 subsidiaries of 2,435 parent companies active across the fossil fuel life cycle were analyzed by the source.

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