still-banking-on-coal,-over-$385-billion-flowed-into-coal-in-last-3-years

Despite global agreements to phase down coal, a recent study reveals that commercial banks channeled over $385 billion to the coal industry between 2022 and 2024. Urgewald’s research highlights that financing briefly decreased in 2023 but rebounded in 2024, indicating a disregard for climate commitments.