Financing to companies operating carbon bombs since the Paris agreement

Financing 2016-2022, billion dollars

0

20

40

60

80

100

120

140

JPMorgan Chase $141.8bn

Citi 119.2

Bank of America 93.5

ICBC 92.2

BNP Paribas 71.9

Bank of China 65.7

Wells Fargo 62.4

HSBC 62.1

Barclays 54.4

Industrial Bank 51.5

Financing 2016-2022, billion dollars

0

20

40

60

80

100

120

140

JPMorgan Chase $141.8bn

Citi 119.2

Bank of America 93.5

ICBC 92.2

BNP Paribas 71.9

Bank of China 65.7

Wells Fargo 62.4

HSBC 62.1

Barclays 54.4

Industrial Bank 51.5

Guardian graphic. Source: Data for Good and Éclaircies, (Kühne et al, 2022), Global Energy Monitor, Banking on Climate Chaos. Note: The bulk of carbon bomb financing was indirect corporate financing rather than direct project-based support