Citi 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.
Royal Bank was declared the top financier of fossil fuels among Canada’s big five banks by the 2024 Banking on Climate Chaos report, a joint effort by organizations including the Rainforest Action Network.
Wells Fargo is the fourth largest US bank with $1.95 trillion in total assets. One of the top financiers of fossil fuels, with $272 billion in fossil fuel funding between 2016 and 2021.
JP Morgan Chase is one of the world’s biggest funders of fossil fuels.* In the 8 years since the Paris Agreement, this bank has funneled $431 billion into coal, oil, and gas, rapidly accelerating the climate crisis.