Law Columbia
DECEMBER 1, 2021
It contributes to increasing pressure against President Bolsonaro for widespread environmental damage across the country, resulting from a significant lack of climate action and the pervasive destruction of the Amazon rainforest. To align itself with the Paris Agreement, Brazil should actually increase its ambition.
Union of Concerned Scientists
APRIL 13, 2023
trillion in the seven years since the adoption of the Paris climate agreement. Total bank financing for fossil fuels in 2022 was lower than it was in 2016, but Banking on Climate Chaos attributes that decrease partly to record oil and gas industry profits of $4 trillion last year.
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Legal Planet
JULY 5, 2023
According to the Center for International Environmental Law as of April 2023, the World Bank “has financed and incentivized up to $165 billion in fossil fuel investments since the Paris Agreement was signed [in 2015].” Citi, Wells Fargo, and Bank of America are also among the top five fossil financiers since 2016, the report found.”
Union of Concerned Scientists
DECEMBER 2, 2022
At the beginning of COP 27, the Rainforest Action Network, in a report endorsed by many environmental groups, found that Bank of America, J.P. Morgan Chase, Wells Fargo, Citi, Goldman Sachs and Morgan Stanley together funded fossil-fuel expansion for the top 100 fossil-fuel companies, to the tune of $445 billion from 2016 to 2021.
Law Columbia
FEBRUARY 10, 2020
The Court recognized that the measure could lower the cost of fuel but determined that economic considerations must be balanced against the right to a healthy environment and Mexico’s commitment to reduce greenhouse gas emissions as a signatory of the Paris Agreement. Total (Nanterre District Court).
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