No major banks have yet committed to stop funding new oil, gas and coal, research finds

The GuardianTuesday, October 21, 2025 at 11:01:48 PM
No major banks have yet committed to stop funding new oil, gas and coal, research finds
Recent research from the London School of Economics reveals that no major banks have committed to halting funding for new oil, gas, and coal projects, which is concerning as it indicates that the goals of the Paris Agreement are becoming increasingly unattainable. This trend is alarming because it suggests that financial institutions are not prioritizing climate action, potentially jeopardizing global efforts to combat climate change.
— Curated by the World Pulse Now AI Editorial System

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