JPMorgan Chase: The Worst Bank

Green America reports that JPMorgan Chase is now considered the worst bank in the world for people and the planet. It turns out that banks play an enormous role in climate change, as they finance fossil fuel expansion. JPMorgan Chase is the N1 funder of fossil fuel in the world.

In the last three years, the bank’s fossil fuel financing totaled over $195 billion – almost 30% higher than the next largest bank funder. The bank has provided $67 billion in financing for fossil fuel expansion in the three years following the Paris Agreement. That is 68% higher than then next largest bank funder.

It ‘s time for the bank’s CEO, Jamie Dimon, to bring his bank into line with the Agreement and stop intensifying the climate crisis.

Green America calls for joining by signing the letter to Jamie Dimon, Chair and CEO of JPMorgan Chase, demanding the bank stop financing fossil fuels and fossil fuel expansion and that it support renewable energy and human rights.

 

www.ecostimule.com

Related Post

thumbnail
hover

Let’s Make Everyday Earth Day!

April 22 is an international day dedicated to our planet. It draws attention to the environment and encourages a green future. Every year on...

thumbnail
hover

Motor that Could Potentially Transform EVs...

There is no doubt that electrification is key to addressing climate change.   Because electricity is  But most electric vehic...

thumbnail
hover

You have the power to change...

Start by preserving food ! Food waste is a global problem amounting to immense financial and environmental costs. If you operate a food truc...

Leave us a comment

logged inYou must be to post a comment.

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Verified by MonsterInsights