麻豆社

The world鈥檚 largest banks continue to fund the production of new oil and gas to the tune of billions of dollars, even though they have signed up to net-zero pledges, says ShareAction, which campaigns for responsible investing.

Since 2016, Europe鈥檚 largest banks have ploughed 400 billion dollars into companies expanding oil and gas production.

Jeanne Martin, ShareAction's senior campaign manager for banking standards, told Newshour's James Coomarasamy why this is problematic.

(Photo shows A protester wearing a mask holds an anti-fossil fuels banner during a demonstration outside the Bank of England. Credit: Vuk Valcic/SOPA Images via Getty Images)