Banks using "backdoor" techniques to fund fossil fuel projects - Market Forces report episode artwork

EPISODE · Jul 15, 2024 · 3 MIN

Banks using "backdoor" techniques to fund fossil fuel projects - Market Forces report

from Peter Ryan_ABC News Soundcloud · host Peter Ryan

Australia's major banks have been accused of using backdoor funding techniques to fund fossil fuel companies as a way of getting around climate change commitments. Environmental investor group Market Forces claims bank efforts to get around the Paris Agreement eight years ago amount to "greenwashing". Reporter: Peter Ryan, Senior Business Correspondent Featured: Kyle Robertson, banks analyst, Market Forces

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Banks using "backdoor" techniques to fund fossil fuel projects - Market Forces report

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