We can’t stop climate chaos if banks like RBC keep funding fossil fuels

Canada’s biggest bank, RBC, talks about “purpose” and says climate change is a critical issue. But its funding practices tell a different story:

$262 Billion in fossil fuel funding since Paris

Making RBC the fifth biggest fossil bank on Earth

Financing Coastal GasLink, TMX, & Line 3

Projects that violate Indigenous rights

51% increase in tar sands financing in 2021

Lending $34.5B to the world's dirtiest energy project since 2016

It’s code red for humanity, but while our planet literally burns, banks like RBC are pouring more fuel on the fire.

Join the growing global movement to stop the funders of climate change.

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March 21, 2023

RBC financing of fossil fuel expansion jumps 45%

On the same day as the latest sobering report from the IPCC made headlines around the world – with clear directives on the need to cut emissions dramatically this decade – Stand.earth released new data showing that RBC’s financing of fossil fuel expansion projects increased by alomst half last year.

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