World’s largest banks pledged $869bn to fossil fuel firms in 2024, new report finds. Two-thirds of the biggest 65 banks increased financing by $162bn from 2023 to 2024, walking back climate promises.

10 comments

1. Evil . Just pure evil

2. We are SO screwed.

   869 bloody billion dollars.

3. Corporate promises mean nothing and never have. Until there are real consequences for these companies they can’t be trusted and the people who run should be subject to any justice we can muster

4. We’ll be fine for another 50 years.

   But our grandkids will suffer deeply going forward. 💔

5. 🤦‍♀️

6. “Barclays provides finance to meet consumer and businesses energy needs while financing the scaling of clean energy.”

   It would be a shocking reaction if customers voted with their feet and wrote to their political leaders and protested, and demanded justice insisted that banking decision makers invested ONLY in clean energy.

   It would be quite amazing if media and politicians and the courts did their part and didn’t arrest and imprison protestors.

   It really would be something special if the United Nations and world leaders held themselves and Trump accountable…. for allowing business as usual to continue destroying food systems, environments and communities.

7. Climate Change will not be solved under capitalism. Companies exist to make money.

8. Honestly gut wrenching to hear that

9. John Carpenter called it when he made They Live. The wealthy don’t care about what they do to this planet because they *intend to leave this planet.*

10. Barbarism it is then. The Western world will either mature alongside the leadership of BRICS and the Global South or be destroyed in the next few decades, and rightfully so.

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