Fossil Finance: Unpacking the banking system's climate tipping point with Max Falkenberg
SciencesPo Energy Podcast by SciencesPo Energy Podcast
Episode notes
Banks play a crucial role in the climate story, but not in the way most people think. In this episode, we speak with Dr. Max Falkenberg, climate finance researcher and Marie Skłodowska-Curie Fellow, to talk about how big banks around the world are still pouring trillions into fossil fuels—and why that needs to change fast.
Tune in to learn:
- What makes fossil fuel financing so hard to stop
- Why just a few powerful banks could make a massive difference
- How new rules (and global teamwork) could shift the system
- Whether voluntary climate pledges by banks are actually working
- What happens to oil and gas companies if the money dries up
- And what changes he’d like to see next in the finance world
If you've ever wondered how your money, or your bank, might be connected to the ...