ClimateBanking Dive3 days ago
Banks' fossil fuel financing increased 8% in 2025: report
1 min read
The world's 65 largest banks increased fossil fuel financing by 8% to $906 billion in 2025, the second consecutive annual rise. Funding for fossil fuel expansion jumped 27%. U.S. banks accounted for 32.2% of total financing. JPMorgan Chase remained the top financier for the third straight year.
Level
Hype check
Tap to vote and see what everyone thinks.
