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Banking

Bank lending to fossil fuel industry down 9% in COVID-hit year

Published by linker 5

Posted on March 24, 2021

· Last updated: January 21, 2026

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Declining bank lending to fossil fuels during COVID-19 pandemic - Global Banking & Finance Review — This image illustrates the reduction in bank lending to the fossil fuel industry, reflecting a 9% decrease during the COVID-19 pandemic, highlighting changing financial priorities in global banking.

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