The banks are not yet green enough

The credit institutions still earn billions from fossil fuels.

While the heads of Deutsche Bank, JP Morgan, Citigroup and other credit institutions have been preparing for the most important UN climate summit for six years, their houses are still raising almost as much money for fossil fuels as they do for green projects. As data from financial news agency Bloomberg shows, banks raised $ 459 billion in bonds and loans for the oil, gas and coal sectors this year alone. Green bonds and credits add up to $ 463 billion.

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