Big banks fund new oil and gas despite net zero pledges

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Investors should force banks to demand green plans before funding fuel firms, campaigners say. …

Since joining the Net Zero Banking Alliance last year, 24 big banks have provided $33bn for new oil and gas projects, with more than half of that amount ($19bn) coming from four of the founding members – HSBC, Barclays, BNP Paribas and Deutsche Bank, the campaigners said.

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