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A ray of hope for a fossil-free banking sector shines from Santa Marta

The first Conference on Transitioning Away from Fossil Fuels ended in optimism. Here’s what this means for banks

Fifty-seven countries just convened in Santa Marta to discuss how a transition away from fossil fuels can be made possible. The talks no longer focused on if countries should commit to a fossil fuel phase-out, but how. This has been the main stalemate of COPs since at least Dubai in 2023, when countries first pledged a “transition away from fossil fuels”. While the conference has…

2026-04-30 | Santa Marta, Colombia | Camilla Perotti – BankTrack

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A ray of hope for a fossil-free banking sector shines from Santa Marta

The first Conference on Transitioning Away from Fossil Fuels ended in optimism. Here’s what this means for banks

BankTrack blog

2026-04-30 | Santa Marta, Colombia | Camilla Perotti – BankTrack

Blog

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European and American banks fund dirty steel with green finance

New Dodgy Deal profile shows US and EU finance for Ternium Mexico risks air pollution and gas expansion despite green label

2026-04-27 | Nijmegen, Netherlands and Monterrey, Mexico | BankTrack, Fair Steel Coalition

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Banks financing Rio Tinto stay silent on impacts of world’s biggest mining project

25 banks poured USD 30 billion of lending into Rio Tinto, yet most took no action on Simandou’s large-scale impacts

2026-04-23 | Nijmegen, Netherlands and Accra, Ghana | BankTrack, Advocates for Community Alternatives (ACA)

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The banks behind Australia’s metallurgical coal boom

New Dodgy Deal profile reveals coal developer BMAs largest financiers

2026-04-22 | BankTrack

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ArcelorMittal Quarterly Risk Briefing: April 2026

2026-04-20 | BankTrack, SteelWatch

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ING confronted on US LNG finance at annual meeting

Frontline communities and campaigners demanded the Dutch bank end all finance for fossil fuel expansion, including LNG across the United States

2026-04-17 | Amsterdam | BankTrack

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StopEACOP campaign condemns "judicial harassment" as anti-EACOP activists face sentencing after more than eight months in remand

2026-04-16 | Kampala, Uganda | #StopEACOP

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Mobilisation at UBS AGM: Activists Demand UBS to stop funding oppression

2026-04-15 | Basel, Switzerland | BreakFree Suisse

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Raiffeisen met with protests over war profits, fossil finance and surveillance tech at annual meeting

Protesters target RBI contributions to Putin’s war budget, as new research shows an exit from Russia is feasible

2026-04-09 | Vienna | BankTrack, urgewald, Attac Austria, B4Ukraine, IFOR Austria

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Upcoming events

May5

ArcelorMittal AGM 2026

The 2026 general meeting of ArcelorMittal's shareholders

Tue May 05 2026 12:00 AM (UTC) Luxembourg, Grand-Duchy of Luxembourg AGM

May7

Standard Chartered AGM 2026

The 2026 general meeting of Standard Chartered's shareholders

Thu May 07 2026 11:00 AM (UTC) London, England AGM

May8

HSBC AGM 2026

The 2026 general meeting of HSBC's shareholders

Fri May 08 2026 10:00 AM (UTC) InterContinental London O2 - London, England AGM

All events

Spotlight

European and American banks fund dirty steel with green finance
New Dodgy Deal profile shows US and EU finance for Ternium Mexico risks air pollution and gas expansion despite green label

New Dodgy Deal: The Banks Behind BMA's Coal Boom
BMA, the BHP and Mitsubishi joint venture, is planning three coal mine expansions in Queensland that would lock in production until 2116 and generate over four gigatonnes of CO₂. Our new Dodgy Deal…

Take Action: Demand Banks Stop Funding Petrochemical Expansion
This wave of petrochemical expansion poses a serious risk – and banks like Citi are fueling the crisis.

Target Dodgy Deals

Mozambique LNG

Mozambique | project

GEO Group

United States | company

East African Crude Oil Pipeline (EACOP)

Uganda | project

Simandou Iron Ore Project

Guinea | project

Papua LNG

Papua New Guinea | project

CoreCivic

United States | company

ArcelorMittal

Luxembourg | company

JSW Utkal Steel plant and captive coal power station

India | project

All Dodgy Deals

Focus banks

Banco Santander

Spain

Santander held its AGM on Friday 27th March. In advance of the meeting, more than 20 organisations sent a letter to the bank's 80 largest shareholders calling for action in response to the bank’s increase in fossil fuel financing and weakening of climate commitments.

China CITIC Bank

China

CITIC’s steel decarbonization framework fails to explicitly exclude financing for all five “false solutions” identified in BankTrack’s False Solutions Report, including biomass, CCUS, and carbon offsetting.

UBS

Switzerland

UBS' Annual General Meeting is on 15th April. Several groups will attend inside and outside the AGM highlighting the bank's financial links to ICE contractors, miliyary contractors linked to Palestinian oppression, and fossil fuel expansion.

ING

Netherlands

ING's Annual General Meeting (AGM) is on Tuesday 14th April. BankTrack will be in attendance, alongside representatives of affected communities in the US Gulf South impacted by LNG terminals financed by the Dutch bank.

All banks

Campaigns and projects

Banks and Climate

Banks and Human Rights

Banks and Nature

All campaigns and projects

Latest publications

    
    The Business of Leaving: Raiffeisen Bank International and the investment case for exiting Russia

                    2026-04-07 00:00:00
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                        BankTrack, KSE Institute, B4Ukraine                    
                                    
Briefing paper modelling the costs of a full exit from the Russian market for Raiffeisen Bank International

    Financing False Solutions in Steel Decarbonisation 

                    2026-02-11 00:00:00
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                        BankTrack                    
                                    
This report analyses the sustainable finance frameworks of 20 global banks, and which solutions for steel decarbonisation are included. 

    Banking on Biodiversity Collapse 2025

                    2025-11-05 00:00:00
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                        Forests & Finance                    
                                    
    EACOP Finance Risk Update #6

                    2025-10-23 00:00:00
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                        BankTrack & partners