The report "Mining and Money: Financial Faultlines in the Energy Transition" shows that banks and investors are financing a new "wave of destruction."
Between 2016 and 2024, major financial institutions invested $493 billion in mineral extraction for the energy transition. The majority of this amount went to companies with a long history of human rights violations and environmental damage.
Without urgent reforms, the energy transition risks repeating the same injustices as in the fossil fuel era. Therefore, we recommend aligning financing with a just, fair, and sustainable energy transition.
Download the report here:
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