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Science

UK banks are Europe’s biggest coal financiers, report finds

Summary

CoalFossil FuelsEnergyClimate changeBanking

It found Barclays’ coal financing increased by 34%, from approximately $1.2bn in 2022 to $1.6bn in 2025. Globally, Urgewald found between 2022 and 2025 bank financing for coal remained broadly flat, averaging about $117bn a year.

Headline check

The one thing this headline claims is in the report.

Figures, names and quoted words in the headline, looked for in the report itself — not in the summary above. One claim in this headline could be checked, so this is a narrow pass and not a thorough one. How this is checked

This is a summary. The indicators are not. Every score on this page was measured over the full 682-word report, which is the only way the numbers mean anything.

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Outlet Niral Score
The Guardian Australia (Business)as they published this story 9.4

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