Campaigners Are Targeting Fossil Fuel Financial Backers With Lawsuits
Campaigners are increasingly taking out lawsuits against the funders of fossil fuels and other climate-harming activities, according to a new report.
In its annual review of climate litigation, published June 26, the London School of Economics and Political Science’s (LSE) Grantham Research Institute on Climate Change and the Environment identifies a modest but growing number of lawsuits challenging the flow of finance to projects that worsen climate change.
In total, 33 cases that challenge the flow of funding have been recorded since academics began keeping track nine years ago. Six were filed in 2023.