Total value of financing for companies active across the fossil fuel life cycle by Banco Santander worldwide in 2020, by type
(in million U.S. dollars)
Characteristic
In million U.S. dollars
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Despite growing pressure on governments and banks to focus energy financing towards greener paths, some the world's biggest banks have continued to increase their financing into companies active in the fossil fuel life cycle. In a 2021 report released by the Rainforest Action Network (ran.org), ** of the world's largest banks put approximately *** trillion U.S. dollars into financing fossil fuel companies between 2016 and 2020.
In 2020, the total value of Banco Santander financing to companies active across the fossil fuel life cycle increased from the previous year. The fossil fuel sector that received the most financing from BBVA in 2020 were expansion projects.
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Rainforest Action Network. (March 24, 2021). Total value of financing for companies active across the fossil fuel life cycle by Banco Santander worldwide in 2020, by type (in million U.S. dollars) [Graph]. In ÌÇÐÄÆƽâ°æ. Retrieved August 04, 2026, from /statistics/1115971/value-of-financing-for-fossil-fuel-companies-by-santander-by-type/
Rainforest Action Network. "Total value of financing for companies active across the fossil fuel life cycle by Banco Santander worldwide in 2020, by type (in million U.S. dollars)." Chart. March 24, 2021. ÌÇÐÄÆƽâ°æ. Accessed August 04, 2026. /statistics/1115971/value-of-financing-for-fossil-fuel-companies-by-santander-by-type/
Rainforest Action Network. (2021). Total value of financing for companies active across the fossil fuel life cycle by Banco Santander worldwide in 2020, by type (in million U.S. dollars). ÌÇÐÄÆƽâ°æ. ÌÇÐÄÆƽâ°æ Inc.. Accessed: August 04, 2026. /statistics/1115971/value-of-financing-for-fossil-fuel-companies-by-santander-by-type/
Rainforest Action Network. "Total Value of Financing for Companies Active across The Fossil Fuel Life Cycle by Banco Santander Worldwide in 2020, by Type (in Million U.S. Dollars)." ÌÇÐÄÆƽâ°æ, ÌÇÐÄÆƽâ°æ Inc., 24 Mar 2021, /statistics/1115971/value-of-financing-for-fossil-fuel-companies-by-santander-by-type/
Rainforest Action Network, Total value of financing for companies active across the fossil fuel life cycle by Banco Santander worldwide in 2020, by type (in million U.S. dollars) ÌÇÐÄÆƽâ°æ, /statistics/1115971/value-of-financing-for-fossil-fuel-companies-by-santander-by-type/ (last visited August 04, 2026)
Total value of financing for companies active across the fossil fuel life cycle by Banco Santander worldwide in 2020, by type (in million U.S. dollars) [Graph], Rainforest Action Network, March 24, 2021. [Online]. Available: /statistics/1115971/value-of-financing-for-fossil-fuel-companies-by-santander-by-type/
