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Belfast Live
Belfast Live
National
Shauna Corr

Invest NI gave $90 billion bank that funds fossil fuels almost £40 million

Invest NI Citi NI Northern Ireland W5 Citibank

Invest NI has been accused of making taxpayers complicit in “climate destruction” by giving a $90 billion bank that funds fossil fuel projects, almost £40 million.

Investment bank, Citi, is reported to be the second biggest funder of fossil fuel projects worldwide.

The firm, which is worth some $90.31 billion worldwide, was given £39.21m Invest Northern Ireland funding between 2004/5 and 2014/15.

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