JPMorgan Chase financed the global fossil fuel sector to the tune of 195.66 billion U.S. dollars between 2016 and 2018. Other well-known banks such as Wells Fargo, Citi, Bank of America, and RBC followed closely behind with each one managing to lend or underwrite a total sum exceeding 100 billion U.S. dollars to fossil fuel companies in the period since the Paris Agreement was signed in 2016.
Cumulative financing of fossil fuel industry by selected banks worldwide from 2016 to 2018
(in billion U.S. dollars)
*Duration: 12 months, billed annually, single license
Yes, let me download!
...and make my research life easier.
Exclusive Corporate feature
This feature is limited to our corporate solutions.
Please contact us to get started with full access to dossiers, forecasts, studies and international data.
Corporate Account
Statista Accounts:
Access All Statistics. Starting from $708 / Year
Basic Account
Get to know the platform
You only have access to basic statistics.
Premium Account
Your perfect start with Statista
Instant access to 1m statistics
Download in XLS, PDF & PNG format
Detailed references
$59 / Month *
Corporate Account
Full access
Corporate solution including all features.
* All products require an annual contract.
Prices do not include sales tax.
Statista Accounts:
Access All Statistics. Starting from $708 / Year
Learn more about how Statista can support your business.
Rainforest Action Network. (March 20, 2019). Cumulative financing of fossil fuel industry by selected banks worldwide from 2016 to 2018 (in billion U.S. dollars) [Graph]. In Statista. Retrieved February 22, 2020, from https://www.statista.com/statistics/1089808/total-global-financing-fossil-fuel-sector-bank/
Rainforest Action Network. "Cumulative financing of fossil fuel industry by selected banks worldwide from 2016 to 2018 (in billion U.S. dollars)." Chart. March 20, 2019. Statista. Accessed February 22, 2020. https://www.statista.com/statistics/1089808/total-global-financing-fossil-fuel-sector-bank/
Rainforest Action Network. (2019). Cumulative financing of fossil fuel industry by selected banks worldwide from 2016 to 2018 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: February 22, 2020. https://www.statista.com/statistics/1089808/total-global-financing-fossil-fuel-sector-bank/
Rainforest Action Network. "Cumulative Financing of Fossil Fuel Industry by Selected Banks Worldwide from 2016 to 2018 (in Billion U.S. Dollars)." Statista, Statista Inc., 20 Mar 2019, https://www.statista.com/statistics/1089808/total-global-financing-fossil-fuel-sector-bank/
Rainforest Action Network, Cumulative financing of fossil fuel industry by selected banks worldwide from 2016 to 2018 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1089808/total-global-financing-fossil-fuel-sector-bank/ (last visited February 22, 2020)
We use cookies to personalize contents and ads, offer social media features, and analyze access to our website. In your browser settings you can configure or disable this, respectively, and can delete any already placed cookies. For details, please see your browser’s Help section (by pressing F1). Please see our privacy statement for details about how we use data.
