World’s Largest Banks Drive $906B Surge in Fossil Industry

The increase is incompatible with achieving carbon neutrality by 2050 and limiting global warming to 1.5°C, new report says. The article World’s Largest Banks Drive $906B Surge in Fossil Industry from Turning Point.

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Jun 12, 2026 - 12:34
World’s Largest Banks Drive $906B Surge in Fossil Industry

The increase is incompatible with achieving carbon neutrality by 2050 and limiting global warming to 1.5°C, new report says.

The article World’s Largest Banks Drive $906B Surge in Fossil Industry from Turning Point.

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