26/03/2021 (Agence Europe) – In the five years since the Paris Agreement (2016-2020), the world’s 60 largest banks based on assets have financed fossil fuels to the tune of $3.8 trillion via loans and bond and share subscriptions, reveals a report by six NGOs (Rainforest Action Network, Reclaim Finance, BankTrack, Indigenous Environmental Network, Oil Change International and Sierra Club) published on Wednesday 24 March. JP Morgan Chase topped the list, followed by Citi, Wells Fargo, Bank of America, RBC and MUFG. In Europe, British bank Barclays has financed the fossil fuel industries the most over this period. Whereas, it’s the biggest French banks that financed fossil fuels the most in 2020 within the EU. Read the report: https://bit.ly/3tZpqQR (DG)