The large international banks financed the oil company Shell with 46,500 million euros since the Paris agreement

In recent years, it has become apparent among the authorities, regulators and supervisors of the financial sector how important it is to know which companies are the ones that pollute the most as it is to have the details of which entities are the ones that finance them. Last week, the Dutch oil company Royal Dutch Shell was sentenced in the Netherlands to cut its emissions by half by considering her responsible for climate change, in what was considered a historic verdict. This company, despite pressure to redirect its model, has received 56.8 billion dollars (about 46.5 billion euros) since the Paris Agreement was signed to reduce polluting emissions.
The coronavirus causes the first brake on bank financing for fossil fuels since the Paris Summit
Know more