Australia’s big four banks fund $61 billion to fossil fuel companies
A new report by Market Forces a non-for-profit climate group reveals, Australia’s big four banks have collectively financed over $61 billion into fossil fuel projects since the Paris Agreement, despite their public commitments to climate goals. In 2023 alone, these banks loaned $3.6 billion to fossil fuel companies, including $2.5 billion to those expanding coal, …
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