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Climate and Inflation: When Weather Hits the Economy

Inflation is often described as a monetary phenomenon. Central banks adjust interest rates. Governments revise fiscal spending. Economists debate liquidity and supply chains. However,...
HomeNews & UpdatesEuropean Banks Net Zero

European Banks Net Zero

Data explains that some of the biggest European Banks have provided £24bn to some major oil and gas companies to expand their production less than a year since their pledge to net-zero carbon emissions.

The data further explains that these banks have financed $406bn since 2016. This is ironic to these banks’ pledge to achieve net-zero and choose profit over sustainability. Read more

News Credit: The Guardian

Picture Credit: Rodger Bosch/AFP/Getty Images