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The Guardian: Banks pouring trillions to fossil fuel expansion in global south, report finds

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Read on The Guardian

Banks are pouring trillions of dollars into the expansion of the world’s most emitting industries in the global south, according to a new report.

 

Top US banks like Citigroup, Bank of America and JP Morgan Chase have offered trillions to Saudi Aramco, Exxon and other fossil fuel companies for fossil fuel activity in developing countries in regions such as South America and Africa.

Read the article in The Guardian here.

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