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Bloomberg: JPMorgan, Citi Listed as Top Oil and Gas Banks in the Amazon

About $20 billion has been directed to funding fossil fuels since 2009. Banks are playing a critical role in ‘shifting the energy economics’.

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An article from Bloomberg covers Stand.earth’s research revealing Citi as one of the largest global financial backers of oil and gas extraction that has devastated the Amazon rainforest over the past 15 years.

 

The Amazon rainforest is nearing catastrophic climate and deforestation tipping points, and banks like Citi have a critical role to stop funding this destruction.

Read full article in Bloomberg’s website.

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