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Banks Pump Over US$250 Billion Into Petrochemicals Despite Growing Industry Risks
June 19, 2026
WASHINGTON, June 19 -- The Center for International Environmental Law issued the following news:

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Banks Pump Over US$250 Billion Into Petrochemicals Despite Growing Industry Risks

GENEVA / WASHINGTON / LONDON -- Major banks have channeled over US$250 billion into the world's top fifteen petrochemical companies since 2019, according to a brief released today by the Center for International Environmental Law (CIEL). Deep Pockets, Dirty Profits: How . . .

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