JPMorgan Chase, Wells Fargo, and Citi were the banks which lent and underwrote the most for the fossil fuel sector between 2016 and 2019.
Bank financing of the fossil fuel sector reached 735.62 billion U.S. dollars in 2019, up from 639.74 billion U.S. dollars in 2016, the year the Paris Agreement was signed. Bank financing of fossil fuel industry worldwide from 2016 to 2019 (in billion U.S. dollars)
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Rainforest Action Network. (March 18, 2020). Bank financing of fossil fuel industry worldwide from 2016 to 2019 (in billion U.S. dollars) [Graph]. In Statista. Retrieved April 24, 2024, from https://www.statista.com/statistics/1089815/financing-fossil-fuels-since-paris-agreement/
Rainforest Action Network. "Bank financing of fossil fuel industry worldwide from 2016 to 2019 (in billion U.S. dollars)." Chart. March 18, 2020. Statista. Accessed April 24, 2024. https://www.statista.com/statistics/1089815/financing-fossil-fuels-since-paris-agreement/
Rainforest Action Network. (2020). Bank financing of fossil fuel industry worldwide from 2016 to 2019 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: April 24, 2024. https://www.statista.com/statistics/1089815/financing-fossil-fuels-since-paris-agreement/
Rainforest Action Network. "Bank Financing of Fossil Fuel Industry Worldwide from 2016 to 2019 (in Billion U.S. Dollars)." Statista, Statista Inc., 18 Mar 2020, https://www.statista.com/statistics/1089815/financing-fossil-fuels-since-paris-agreement/
Rainforest Action Network, Bank financing of fossil fuel industry worldwide from 2016 to 2019 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1089815/financing-fossil-fuels-since-paris-agreement/ (last visited April 24, 2024)
Bank financing of fossil fuel industry worldwide from 2016 to 2019 (in billion U.S. dollars) [Graph], Rainforest Action Network, March 18, 2020. [Online]. Available: https://www.statista.com/statistics/1089815/financing-fossil-fuels-since-paris-agreement/