Value of financing for fossil fuel companies by select European banks 2016-2021
Although Europe's biggest banks were way behind U.S and Chinese banks in funding, the 17 European banks included still put almost 136.6 billion U.S. dollars into financing fossil fuel companies in 2021. Europe's largest fossil fuel financer, Barclays, had actually decreased its funding from over 31 billion U.S. dollars in 2016 to under 20 billion U.S. dollars in 2021.