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HSBC and Barclays lead list of banks flouting climate targets to fund oil & gas drilling

HSBC and Barclays lead list of banks flouting climate targets to fund oil & gas drilling

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Europe’s major banks pumped billions of dollars into oil and gas expansion, despite their stated commitments to Net Zero targets, according to research from Share Action. The research showed 25 major European banks provided US$55bn in financing to companies expanding oil and gas production last year.

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