Yahoo Finance

Analysis: Worlds top banks upped fossil fuel financing by 8% in 2025

DeSmog

Fossil Fuel Financing Surged to $906 Billion in 2025 as Big Banks Retreat From Climate Promises

Guardian

World’s largest banks pledged $906bn to fossil fuel companies in ‘unfathomable’ increase in 2025, report finds

INKL

Worlds largest banks pledged $906bn to fossil fuel companies in unfathomable increase in 2025, report finds

Net Zero Investor

Financing of new fossil fuel sites surges in 2025

OilPrice.com

World's 65 Biggest Banks Pumped $906 Billion Into Fossil Fuels in 2025

Green Central Banking

Fossil fuel financing by big banks jumped 8% in 2025, analysis finds

Financial Times

US and Japanese banks boost fossil fuel finance, campaign report says

Rainforest Action Network

Global banks financed fossil fuels with $8.7 trillion since the Paris Agreement; $906 billion in 2025 alone; JPMorgan Chase, Bank of America, and MUFG are the worlds three worst funders

S&P Global

Top Us Banks Decarbonizing Portfolios Too Fast Brings Unintended Consequences 82302618

Metaculus

Date Fossil Fuels <50% of Global Energy

Los Angeles Times

Contributor: Why the global retreat from climate alarmism is a good thing

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"[C]limate change is just a very, very expensive form of tax."

"I believe in climate change caused by human beings. What I'm skeptical about is the glib notion that it means the end of the world as we know it."

"The clock is no longer just ticking, it is banging."

"There is no long-term prosperity without action on climate change."

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"[W]e are killing our planet."

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"If we don't take action, the collapse of our civilisations and the extinction of much of the natural world is on the horizon."

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Will There Be an End to Fossil Fuels, and If So When?

The world's 65 largest banks committed $906 billion to fossil fuel financing in 2025, an 8% increase from $869 billion in 2024, according to the 17th annual Banking on Climate Chaos report coordinated by the Rainforest Action Network.

The world's 65 largest banks committed $906 billion to fossil fuel financing in 2025, an 8% increase from $869 billion in 2024, according to the 17th annual Banking on Climate Chaos report coordinated by the Rainforest Action Network.

JPMorgan Chase ranked as the world's top fossil fuel financier for the third consecutive year, committing $58.2 billion in 2025 — a 12.6% rise from 2024. Bank of America, MUFG, Mizuho Financial and Citigroup rounded out the top five.

JPMorgan Chase ranked as the world's top fossil fuel financier for the third consecutive year, committing $58.2 billion in 2025 — a 12.6% rise from 2024. Bank of America, MUFG, Mizuho Financial and Citigroup rounded out the top five.

The top 65 banks committed $508 billion to fossil fuel expansion in 2025, a roughly 27% increase from 2024. Financing for the midstream sector — which transports and stores oil and gas — surged 84%, totaling $116 billion.

The top 65 banks committed $508 billion to fossil fuel expansion in 2025, a roughly 27% increase from 2024. Financing for the midstream sector — which transports and stores oil and gas — surged 84%, totaling $116 billion.

Coal financing rose sharply in 2025, with funding for coal mining up 77% and coal power financing up 40% compared to 2024. Chinese banks funded over 80% of global coal mining expansion, while most oil and gas expansion financing originated in the United States.

Coal financing rose sharply in 2025, with funding for coal mining up 77% and coal power financing up 40% compared to 2024. Chinese banks funded over 80% of global coal mining expansion, while most oil and gas expansion financing originated in the United States.

US banks accounted for 32% of all global fossil fuel financing in 2025, the single largest regional share. Meanwhile, European banks including BNP Paribas, UBS and La Caixa reduced their fossil fuel financing by 28%, 36% and 34% respectively.

US banks accounted for 32% of all global fossil fuel financing in 2025, the single largest regional share. Meanwhile, European banks including BNP Paribas, UBS and La Caixa reduced their fossil fuel financing by 28%, 36% and 34% respectively.

The UN-backed Net Zero Banking Alliance collapsed in October 2025 following a wave of departures, including all five major Canadian banks, which exited in January 2025 and collectively increased fossil fuel financing by over 27% to nearly $70 billion.

The UN-backed Net Zero Banking Alliance collapsed in October 2025 following a wave of departures, including all five major Canadian banks, which exited in January 2025 and collectively increased fossil fuel financing by over 27% to nearly $70 billion.

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Climate Change

World's largest banks pledged $906bn to fossil fuel companies in unfathomable increase in 2025, report finds

World's largest banks pledged $906bn to fossil fuel companies in unfathomable increase in 2025, report finds

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Banks Pour $906B Into Fossil Fuels, Up 8% in 2025

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Banks Pour $906B Into Fossil Fuels, Up 8% in 2025

World'sBanks largestPour banks pledged $906bn906B toInto fossilFossil fuelFuels, companiesUp in8% unfathomable increase in 2025, report finds

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Banks Pour $906B Into Fossil Fuels, Up 8% in 2025

World'sBanks largestPour banks pledged $906bn906B toInto fossilFossil fuelFuels, companiesUp in8% unfathomable increase in 2025, report finds

The Controversies

Trump

Michaels

Harris

Sunak

Francis

Biden

Macron

Thunberg

Merkel

Attenborough

Guterres

Mann

Go Deeper

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