Global banks boost fossil fuel financing by 8% in 2025, deepening climate crisis
Original framing: “World’s largest banks pledged $906bn to fossil fuel companies in ‘unfathomable’ increase in 2025, report finds” — The Guardian - World
In many non-Western societies, the relationship between humans and nature is seen as interdependent, not extractive. This worldview is often absent in Western financial systems that treat nature as a resource to be exploited.
The continued investment by global banks in fossil fuels is a systemic failure rooted in outdated economic models, weak regulation, and the marginalization of ecological and Indigenous knowledge.
By embedding climate accountability into financial systems, redirecting public subsidies, and centering the voices of those most affected, we can begin to align economic decisions with planetary boundaries. Historical patterns show that such transitions are possible, but they require deliberate policy shifts and a reimagining of value beyond profit. The role of cultural and spiritual narratives is also crucial in reframing our relationship with nature, while the paradox of greenwashing exposes the need for systemic transparency and accountability.