Try our corporate solution for free!
(212) 419-8286

Bank financing for expanding fossil fuel companies worldwide 2016-2019

Since the Paris Agreement of 2016, some of the world's largest investment banks have provided billions of dollars to finance fossil fuel companies expansions in areas such as fracking and Arctic oil and gas exploration. Of these banks, the majority are American, with JPMorgan Chase the lead financer. Although JPMorgan's financing dropped in 2017 compared to 2016, it has since increased annually, rising to approximately 26.4 billion U.S. dollars in 2019.
Financing of fossil fuel expanding companies by Barclays decreased in both 2017 and 2018, but in 2019 increased to 9.8 billion U.S. dollars. Fossil fuel companies are the biggest emitters of greenhouse gases on the planet, with the biggest polluter the state-owned oil and gas company Saudi Aramco.

Leading investment banks for expanding fossil fuel companies from 2016 to 2019 (in billion U.S. dollars)*

Exclusive Premium statistic

You need a Single Account for unlimited access.

  • Full access to 1m statistics

  • Incl. source references

  • Available to download in PNG, PDF, XLS format

Single Account

$39 $59 per month *
in the first 12 months
33% discount until March 31st
*Duration: 12 months, billed annually, single license

Access to this and all other statistics on 80,000 topics from

$468 / Year
$708 / Year

Show detailed source information?
Register for free
Already a member?
Log in

Release date

March 2020



Survey time period

2016 to 2019

Supplementary notes

*Bank financing for 100 leading oil, gas, and coal companies expanding fossil fuels were analyzed by the source.
Figures have been rounded

Statista Accounts: Access All Statistics. Starting from $468 / Year
Basic Account
Get to know the platform

You only have access to basic statistics.
This statistic is not included in your account.

Single Account
The ideal entry-level account for individual users
  • Instant access to 1m statistics
  • Download in XLS, PDF & PNG format
  • Detailed references
$59 $39 / Month *
in the first 12 months
Corporate Account
Full access

Corporate solution including all features.

* Prices do not include sales tax.

Statistics on "Oil industry in Latin America"

Statista Accounts: Access All Statistics. Starting from $468 / Year
Learn more about how Statista can support your business.