Banking on climate chaos

Articles and Publications:

JP Morgan Special Report, Risky business: The climate and the macroeconomy is a 2020 report by JP Morgan, an investment bank that invests billions of dollars in fossil fuels, which recognises the potentially catastrophic impact of climate change on human life. Click here

The Guardian, 2023. Banks still investing heavily in fossil fuels despite net zero pledges Research shows that banks and finance institutions that signed The Glasgow Financial Alliance for Net Zero (GFANZ) following the Cop26 summit, are still investing heavily in fossil fuels. This has led to accusations they are acting as “climate arsonists”. Click here

Banking on Climate Chaos. This 2022 report details the massive role banks are playing in financing fossil fuel companies and their continued expansion across the world. It also highlights the role of communities fighting projects that threaten their lives and livelihoods. Click here

MotherTree calculates the carbon emissions of major UK banks and reveals the top offenders in its Bank League Table. It aims to make it effortless for individuals and organisations to choose greener banking options, to drive economies of scale and bring down the costs of these options to create a healthier planet for all.  For website click here

Switch It Green provide advice and resources to empower individuals to take impactful climate action at scale by switching en masse to greener financial providers. For website click here

The cost of inaction: Recognising the value at risk from climate change is a 2015 report by the Economist Intelligence Unit about the huge financial losses that are expected to be suffered by private investors and governments as a result of climate change. Click here