Australia’s 4 Major Banks Accused Of AU$61 Billion Fossil Fuel Financing Since 2015
A recent report on how Australia’s major four banks — ANZ, NAB, Westpac, and CommBank — bankrolled a total of AU$61 billion on fossil fuel projects via bonds and corporate lending has raised concerns about back door financing, in addition to violating the 2015 Paris Climate Agreement. In its Banking Climate Failure report published recently, … Read more
