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Tag Archive

Analysis: Commbank’s 2017 climate policy update

CommBank

Media Release: Coal funding dries up but $17bn funneled to fossil fuels by ‘Big Four’ banks since Paris Agreement

 Monday 24 July, 2017: New analysis from environmental finance group Market Forces today reveals Australia’s Big Four banks have lent $17 billion dollars to expand the fossil fuel industry since declaring their commitment to the Paris Climate Agreement of keeping the world well below two degrees warming. The projects financed equate to … Read More

Media Release: Australia’s banks’ $10 billion fossil fuel funding flouts climate pledges

Australia’s banks’ $10 billion fossil fuel funding flouts climate pledges MONDAY 6 MARCH, 2017: New analysis by finance group Market Forces reveals Australia’s ‘big four’ provided almost $10 billion in finance to fossil fuels across the planet in 2016 – three and a half times the amount invested in clean … Read More

Big banks loaned $10 billion to fossil fuels in 2016

Renewables lending plummets as Katter calls for coal funding

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Market Forces is an affiliate project of Friends of the Earth Australia (ABN: 18 110 769 501)