Citi
#6 in the world for fossil fuel financing.
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Your bank is one of the 60 biggest funders of fossil fuels in the world*. In the 8 years since the Paris Agreement, this bank has funneled $396 billion USD into coal, oil, and gas, rapidly accelerating the climate crisis, number 6 on the global fossil financiers list in that time and champion of financing fossil fuel expansion.
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While you’ve been stashing away money for a car or a weekend getaway, Citi has been using your savings to lend to some very questionable fossil fuel friends.
And it's not just a little here and there, we’re talking about $396 billion in the 8 years since 197 countries agreed to drastically reduce their greenhouse gas emissions in the Paris Agreement. In 2023 Citi announced to let go of the Equator Principles, they do not want to be beholden to these minimum standards.
It may not come as a surprise then that they take second place in Arctic Oil & Gas financing.
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