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 2024 report released by the Rainforest Action Network (ran.org), 60 of the world's largest banks put approximately 6.9 trillion U.S. dollars into financing fossil fuel companies between 2016 and 2023.
Total value of financing for companies active across the fossil fuel life cycle by Standard Chartered worldwide in 2023, by type
(in billion U.S. dollars)
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
Rainforest Action Network. (July 11, 2024). Total value of financing for companies active across the fossil fuel life cycle by Standard Chartered worldwide in 2023, by type (in billion U.S. dollars) [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1115976/value-of-financing-for-fossil-fuel-companies-by-standard-chartered-by-type/
Rainforest Action Network. "Total value of financing for companies active across the fossil fuel life cycle by Standard Chartered worldwide in 2023, by type (in billion U.S. dollars)." Chart. July 11, 2024. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1115976/value-of-financing-for-fossil-fuel-companies-by-standard-chartered-by-type/
Rainforest Action Network. (2024). Total value of financing for companies active across the fossil fuel life cycle by Standard Chartered worldwide in 2023, by type (in billion U.S. dollars). Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1115976/value-of-financing-for-fossil-fuel-companies-by-standard-chartered-by-type/
Rainforest Action Network. "Total Value of Financing for Companies Active across The Fossil Fuel Life Cycle by Standard Chartered Worldwide in 2023, by Type (in Billion U.S. Dollars)." Statista, Statista Inc., 11 Jul 2024, https://www.statista.com/statistics/1115976/value-of-financing-for-fossil-fuel-companies-by-standard-chartered-by-type/
Rainforest Action Network, Total value of financing for companies active across the fossil fuel life cycle by Standard Chartered worldwide in 2023, by type (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1115976/value-of-financing-for-fossil-fuel-companies-by-standard-chartered-by-type/ (last visited November 21, 2024)
Total value of financing for companies active across the fossil fuel life cycle by Standard Chartered worldwide in 2023, by type (in billion U.S. dollars) [Graph], Rainforest Action Network, July 11, 2024. [Online]. Available: https://www.statista.com/statistics/1115976/value-of-financing-for-fossil-fuel-companies-by-standard-chartered-by-type/
