World's biggest banks poured $673 billion into fossil fuels last year

World’s biggest banks poured $673 billion into fossil fuels last year

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While the window for avoiding the most catastrophic consequences of climate change narrows, the global banking sector continues to funnel huge sums each year into fossil fuels, finds a new report. Last year alone, the 60 largest banks financed fossil fuels to the tune of $673 billion.

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