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The Royal Bank of Canada (RBC) is identified as the top financier of fossil fuels globally, providing $40.6 billion in funding last year. The text argues that RBC's weak coal policy contradicts its membership in the Net-Zero Banking Alliance and demands the bank cease financing coal expansion to align with climate science.

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  • The Royal Bank of Canada (RBC) became the top financier of fossil fuels globally last year, surpassing Wall Street banks with $40.6 billion in allocated funding flows.
  • RBC continues to fund coal, the most polluting fossil fuel source, due to a weak coal policy, despite its membership in the Net-Zero Banking Alliance.

Cite the original document

APA
Martin, L. (2023). RBC: faisons de l'enfer climatique une réalité. Reclaim Finance. https://reclaimfinance.org/site/2023/06/26/rbc-faisons-de-lenfer-climatique-une-realite/
Chicago
Martin, Léo. RBC: faisons de l'enfer climatique une réalité. Reclaim Finance, 2023. https://reclaimfinance.org/site/2023/06/26/rbc-faisons-de-lenfer-climatique-une-realite/.
Wikipedia
{{cite press release |last1=Martin |first1=Léo |title=RBC: faisons de l'enfer climatique une réalité |publisher=Reclaim Finance |date=26 June 2023 |url=https://reclaimfinance.org/site/2023/06/26/rbc-faisons-de-lenfer-climatique-une-realite/ |access-date=23 October 2026 |via=Climate Insights Directory}}
BibTeX
@misc{martin2023rbc, author = {Martin, Léo}, title = {{RBC: faisons de l'enfer climatique une réalité}}, publisher = {Reclaim Finance}, year = {2023}, month = jun, url = {https://reclaimfinance.org/site/2023/06/26/rbc-faisons-de-lenfer-climatique-une-realite/}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }

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