Asia Pacific > Fossil fuel funding falling from Australian banks, but not fast enough -report

Fossil fuel funding falling from Australian banks, but not fast enough -report

Published 00:25 on July 16, 2024  /  Last updated at 00:25 on July 16, 2024  / /  Asia Pacific, Australia, International

Australia’s banks are still funding fossil fuel projects and their developers at a rate inconsistent with Paris climate targets and their own net zero timelines, a report released Tuesday by activist shareholder group Market Forces said.
Australia’s banks are still funding fossil fuel projects and their developers at a rate inconsistent with Paris climate targets and their own net zero timelines, a report released Tuesday by activist shareholder group Market Forces said.


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