The biggest banks in the world increased financing for fossil fuels by 8% in 2025 from a year earlier, committing a total of $906 billion to fossil fuel companies amid climate policy rollbacks, especially at U.S. and Japanese banks. Since the Paris Agreement of 2015, the world’s 65 largest banks have financed oil, natural gas, and coal operations with a combined $8.7 trillion, showed the annual Banking on Climate Chaos report from campaigners coordinated by Rainforest Action Network. Last year was the second consecutive year in which the…

AI summaries can be wrong sometimes—always verify important details using the source article.