Global financing of fossil fuel sector by bank 2024

Financing of fossil fuel industry by selected banks worldwide from 2016 to 2024 (in billion U.S. dollars)

Financing of fossil fuel industry by banks worldwide 2016-2024, by bank

Last update:

Aug 19, 2025

Author:

��ƽ�� Research Department

Region:

Worldwide

Survey time period:

From 01/01/2016 to 31/12/2024

JPMorgan Chase financed the global fossil fuel sector to the tune of billion U.S. dollars in 2024 alone. The American banking giant's fossil fuel financing reached billion U.S. dollars between 2021 and 2024. Other well-known banks such as Wells Fargo, Citi, Bank of America, and RBC followed closely behind, with each one managing to lend or underwrite a total sum exceeding 100 billion U.S. dollars to fossil fuel companies between 2021 and 2024.

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Financing of fossil fuel industry by selected banks worldwide from 2016 to 2024 (in billion U.S. dollars)

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