Goldman Sachs
#14 in the world for fossil fuel financing.
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Goldman Sachs is one of the world's biggest funders of fossil fuels*. In the 8 years since the Paris Agreement, this bank has funneled $185 billion USD into coal, oil, and gas, rapidly accelerating the climate crisis.
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While you’ve been stashing away money for a car or a weekend getaway, Goldman Sachs 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 $185 billion in the 8 years since 197 countries agreed to drastically reduce their greenhouse gas emissions in the Paris Agreement. And it is one of the few banks globally to increase it fossil fuel financing in 2023.
During 2022, Goldman Sachs became one of the world's most generous enablers of liquified natural gas (LNG). In 2023 it did more than average financing of fracked oil and gas (number 3 globally) and ultra deepwater oil and gas.
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