Citibank is second largest financier of fossil fuel industry

📆 16.04.2023 20:30:00

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The bank told this newspaper it would not comment on a new Banking on Climate Chaos report, saying Citi had provided over €332 billion in finance for fossil fuel projects over the last several years

📆 16.04.2023 20:30:00
📰 businessposthq

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Citibank, whose European headquarters is located at Dublin’s North Wall Quay, is the second largest financier of fossil fuels globally since the Paris Climate Agreement was signed in 2016, according to a new report.

Citi has provided over €332 billion in finance for fossil fuel projects between 2016 and 2022, according to a new Banking on Climate Chaos report, behind only JP Morgan Chase.

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Citibank is second largest financier of fossil fuel industryThe bank told this newspaper it would not comment on a new Banking on Climate Chaos report, saying Citi had provided over €332 billion in finance for fossil fuel projects over the last several years
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