The Banking on Climate Chaos report has revealed the banking sector's atrocious financing of the fossil fuel industry. In this video, we summarise the main aspects of the report here to illustrate how the finance sector is using our money to drive the expansion of oil and gas rather than investing in renewables.

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Banking on climate chaos: https://www.ran.org/bankingonclimatec...
Mighty deposits: https://mightydeposits.com/
How banks work simplified:    • How Banks Create Money  

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Credits: Adobe stock, Pexels, YouTube audio library

References:
[1] https://www.bankofengland.co.uk/clima...
[2]    • How Banks Create Money  
[3] https://myclimatechange.home.blog/202...
[4a] https://www.finextra.com/blogposting/...
[4b] https://data.worldbank.org/indicator/...
[5a] https://www.iea.org/reports/world-ene...
[5b] https://myclimatechange.home.blog/202...
[5c] https://www.unepfi.org/news/industrie...
[6] https://www.unep.org/emissions-gap-re...
[7] https://www.moneyexpert.com/current-a...
[8] https://greenbankconsortium.org/
[9] https://mightydeposits.com/mighty-lists
[10] https://www.greenfinanceinstitute.co....
[11] https://www.ran.org/bankingonclimatec...

00:00 - Introduction
00:31 - The problem
01:18 - Review of how banks work
01:54 - How banks affect climate change
02:34 - Pay the bills
02:45 - What the report says
05:58 - The worst banks
07:22 - Sustainable banking alternatives
09:53 - Check out our Patreon!

#banking #sustainable #ourden