Banking on Climate Chaos 2026: World's Largest Banks Financed $906 Billion in Fossil Fuels Last Year

Every year, a coalition of research and advocacy organizations publishes Banking on Climate Chaos, the most comprehensive public accounting of how much money the world's largest banks put into oil, gas, and coal. The 2026 edition was released this week, and RRI joined more than 340 organizations worldwide in endorsing the 17th edition of the report, which documents a banking sector backing away from its own climate commitments.