Despite growing pressure on governments and banks to focus energy financing towards greener paths, some the world's biggest banks have continued to increase their financing into companies active in the fossil fuel life cycle. In a 2021 report released by the Rainforest Action Network (ran.org), 60of the world's largest banks put approximately 3.8 trillion U.S. dollars into financing fossil fuel companies between 2016 and 2020.
In 2020, the total value of Credit Suisse financing to companies active across the fossil fuel life cycle decreased from the previous year. The fossil fuel sector that received the most financing from Credit Suisse in 2020 were expansion projects.
Total value of financing for companies active across the fossil fuel life cycle by Credit Suisse worldwide in 2020, by type
(in million U.S. dollars)
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Statista Accounts:
Access All Statistics. Starting from $468 / Year
Learn more about how Statista can support your business.
Rainforest Action Network. (April 3, 2021). Total value of financing for companies active across the fossil fuel life cycle by Credit Suisse worldwide in 2020, by type (in million U.S. dollars) [Graph]. In Statista. Retrieved May 17, 2022, from https://www.statista.com/statistics/1115948/value-of-financing-for-fossil-fuel-companies-by-credit-suisse-by-type/
Rainforest Action Network. "Total value of financing for companies active across the fossil fuel life cycle by Credit Suisse worldwide in 2020, by type (in million U.S. dollars)." Chart. April 3, 2021. Statista. Accessed May 17, 2022. https://www.statista.com/statistics/1115948/value-of-financing-for-fossil-fuel-companies-by-credit-suisse-by-type/
Rainforest Action Network. (2021). Total value of financing for companies active across the fossil fuel life cycle by Credit Suisse worldwide in 2020, by type (in million U.S. dollars). Statista. Statista Inc.. Accessed: May 17, 2022. https://www.statista.com/statistics/1115948/value-of-financing-for-fossil-fuel-companies-by-credit-suisse-by-type/
Rainforest Action Network. "Total Value of Financing for Companies Active across The Fossil Fuel Life Cycle by Credit Suisse Worldwide in 2020, by Type (in Million U.S. Dollars)." Statista, Statista Inc., 3 Apr 2021, https://www.statista.com/statistics/1115948/value-of-financing-for-fossil-fuel-companies-by-credit-suisse-by-type/
Rainforest Action Network, Total value of financing for companies active across the fossil fuel life cycle by Credit Suisse worldwide in 2020, by type (in million U.S. dollars) Statista, https://www.statista.com/statistics/1115948/value-of-financing-for-fossil-fuel-companies-by-credit-suisse-by-type/ (last visited May 17, 2022)
