ANZ and Westpac are streaking ahead of the other big banks as go-to financiers for fossil fuel companies, a report has found.
More than 70 per cent of fossil fuel projects funded since 2022 were bankrolled by the two highlighted in the report by clean energy finance advocacy group Market Forces, who labelled ANZ and Westpac's current climate policies "greenwashing".
In the decade since the Paris Agreement was signed, the report found the big four banks have provided $43.4 billion to coal, oil and gas companies but the spending is not an even spread.
Competitors Commonwealth Bank and NAB have dramatically wound back their funding for big polluters since 2022, with Commbank dropping from second place in 2021 to a distant fourth today.
"Australia's big banks must end all finance for compa

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