News Formal

Citibank is second largest financier of fossil fuel industry

  • 📰 businessposthq
  • ⏱ Reading Time:
  • 10 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 71%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

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

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.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 8. in MY
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

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
Source: businessposthq - 🏆 8. / 71 Read more »