On the record see profile →
Top four US banks provided 21% of global fossil-fuel financing in 2024.
Title and Executive Summary
“Top four US banks (JPMorgan, Bank of America, Citi, Wells Fargo): 21% of global fossil-fuel financing in 2024.”
VERIFIED — a word-for-word match in the stored source
JPMorgan, Citi, Bank of America collectively lent >$1 trillion to fossil fuels 2016–2024
The Net-Zero / Carbon-Credit / Climate-Finance Architecture:
“JPMorgan, Citi, Bank of America collectively lent >$1 trillion to fossil fuels 2016–2024”
VERIFIED — a word-for-word match in the stored source
Disputed — who says what, against what see standalone →
These are things people say about Citi that aren't settled fact — each one attributed to who's actually claiming it, so a claim never quietly passes as established just because it showed up in a document. Weigh it yourself.
Disputed
"Banks have walked away from climate commitments and doubled down on financing fossil fuel expansion."
Asserted by Reclaim Finance · stance: critical
Not yet independently weighed — one source's claim, unconfirmed elsewhere.
Title and Executive Summary ↗
Timeline see standalone →
2024
2024–2025
US banks withdraw from Net-Zero Banking Alliance
2024–2025
Net-Zero Banking Alliance abandoned by major US banks
late 2024 and early 2025
US banks withdrawal from Net-Zero Banking Alliance