Despite growing pressure on governments and banks to focus energy financing towards greener paths, some the world's biggest banks have continued to increase their financing into companies active in the fossil fuel life cycle. In a 2022 report released by the Rainforest Action Network (ran.org), 60 of the world's largest banks put approximately 4.58 trillion U.S. dollars into financing fossil fuel companies between 2016 and 2021.
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Rainforest Action Network. (August 14, 2023). Total value of financing for companies active across the fossil fuel life cycle by BNP Paribas worldwide in 2022, by type (in million U.S. dollars) [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/1115926/value-of-financing-for-fossil-fuel-companies-by-bnp-paribas-by-type/
Rainforest Action Network. "Total value of financing for companies active across the fossil fuel life cycle by BNP Paribas worldwide in 2022, by type (in million U.S. dollars)." Chart. August 14, 2023. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/1115926/value-of-financing-for-fossil-fuel-companies-by-bnp-paribas-by-type/
Rainforest Action Network. (2023). Total value of financing for companies active across the fossil fuel life cycle by BNP Paribas worldwide in 2022, by type (in million U.S. dollars). Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/1115926/value-of-financing-for-fossil-fuel-companies-by-bnp-paribas-by-type/
Rainforest Action Network. "Total Value of Financing for Companies Active across The Fossil Fuel Life Cycle by Bnp Paribas Worldwide in 2022, by Type (in Million U.S. Dollars)." Statista, Statista Inc., 14 Aug 2023, https://www.statista.com/statistics/1115926/value-of-financing-for-fossil-fuel-companies-by-bnp-paribas-by-type/
Rainforest Action Network, Total value of financing for companies active across the fossil fuel life cycle by BNP Paribas worldwide in 2022, by type (in million U.S. dollars) Statista, https://www.statista.com/statistics/1115926/value-of-financing-for-fossil-fuel-companies-by-bnp-paribas-by-type/ (last visited December 22, 2024)
Total value of financing for companies active across the fossil fuel life cycle by BNP Paribas worldwide in 2022, by type (in million U.S. dollars) [Graph], Rainforest Action Network, August 14, 2023. [Online]. Available: https://www.statista.com/statistics/1115926/value-of-financing-for-fossil-fuel-companies-by-bnp-paribas-by-type/
