Paris, France, June 9, 2026 (AFP) - Banks ramped up fossil fuel investment in 2025: NGO report

NAMPA / AFP

2026-06-09

The world's leading banks ramped up investment in fossil fuels last year to the overall tune of $900 billion, up eight percent on 2024, a group of NGOs said Tuesday in a joint report. Since the 2015 Paris Climate Agreement, which seeks to limit global warming to 1.5C compared with pre-industrial levels, banks have accorded around $9 trillion in loans, share and bond issues to oil, gas and coal companies, says the latest edition of the "Banking on......

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Environmental

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Paris, France, June 8, 2026 (AFP) - UN warns of 'deepening crisis' in oceans, urges action

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Paris, France, June 8, 2026 (AFP) - UN warns of 'deepening crisis' in oceans, urges action

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