Banks fuelling climate crises by funding harmful projects - report

UN Secretary-General Antonio Guterres speaks during the Africa Climate Summit at the KICC in Nairobi. [Wilberforce Okwiri, Standard]

Most of the world's biggest banks are channelling trillions of shillings to harmful projects causing climate crises, a report shows.

The report by Action Aid reveals that far more of the world's money flowing into developing countries is directly harming vulnerable communities than creating solutions.