Banks With ‘Net-Zero’ Pledges Are Top Funders of Fossil Fuels
This story was originally published by Grist. Sign up for Grist’s weekly newsletter here.A Transformer Is Headed to the MoonFossil fuel projects require money — and that money is coming from the world’s top private banks, including many with net-zero climate pledges. That’s according to a new report from the Rainforest Action Network, which looked at the major financial institutions funding oil and gas infrastructure since the 2015 Paris Agreement.“Banks and financial institutions need to be held accountable for their…