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Banks Financed Fossil Fuels By $6.9 Trillion Since The Paris Agreement

May 14, 2024 Shawna Ambrose, Rainforest Action Network. , , , ,
The 15th annual Banking on Climate Chaos (BOCC) report employs a new, expanded data set that credits each bank making financial contributions to a deal instead of only crediting banks in leading roles. It cuts through greenwash, covering the world’s top 60 banks’ lending and underwriting to over 4,200 fossil fuel companies and the financing of companies causing the degradation of the Amazon and Arctic. Backgrounder of the report’s key findings can be found here. Since the Paris Agreement in 2016, the world’s 60 largest private banks financed fossil fuels with USD $6.9 trillion. Nearly half – $3.3 trillion – went towards fossil fuel expansion.

Over Half Of 20 Top Public Charities Are Donor Advised Funds

September 10, 2023 Helen Flannery, Inequality.org. , , ,
Last year, we wrote about how donor-advised funds, or DAFs, had become the top recipients of charitable giving in the United States. At the time, we were astounded to discover that DAF sponsors made up six of the top 10 and nine of the top 20 most successful public-charity fundraisers in the country.  We’ve updated the data for 2021 — the most recent year for which complete data is available — and the picture has only gotten more stark. Donor-advised fund sponsors now make up seven of the top 10 and eleven of the top 20 public charities in the United States. Public charities are nonprofits that rely on a broad base of donors for their revenue.

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Urgent End Of Year Fundraising Campaign

Online donations are back! 

Keep independent media alive. 

Due to the attacks on our fiscal sponsor, we were unable to raise funds online for nearly two years.  As the bills pile up, your help is needed now to cover the monthly costs of operating Popular Resistance.

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