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Tiwi Islands offshore gas fight shows public banks are under real pressure over fossil fuel funding

  • Written by Christian Downie, Associate Professor, Australian National University
Tiwi Islands offshore gas fight shows public banks are under real pressure over fossil fuel fundingGetty

Not so long ago, it was easy for public banks to fund new fossil fuel projects. But now, as the world faces a worsening climate crisis, the tide may be turning.

Case in point: after Traditional owners filed an injunction over a Santos gas development near the Tiwi islands, South Korea’s export credit agency announced it would reconsider...

Read more: Tiwi Islands offshore gas fight shows public banks are under real pressure over fossil fuel funding

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