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Protest outside St Kilda and Balaclava Commonwealth Bank branches in Melbourne, Australia on Thursday May 11, 2017. The Commonwealth Bank has some $20,590 million invested in fossil fuel projects. The Bank has been an aggressive investor in fossil fuel projects investing $3886 million just in 2016, a ratio of 4.6 to one of fossil fuel investments versus investment in renewable energy, out of line with it's commitment for sustainable investment under the Paris Agreement 2C temperature targets. (Photo: Takver, Flickr)
ENVIRONMENT
130 Banks Worth $47 Trillion Pledge to Move Away From Fossil Fuels
Lauren von Bernuth September 25, 2019

“When the financial system shifts its capital away from resource-hungry, brown investments to those that back nature as solution, everybody wins in the long-term.” On the eve of the United Nations climate summit in New ...

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