Banking on Climate Chaos Case Study: The Arctic Refuge

Rainforest Action Network Mar 24, 2021

The Arctic National Wildlife Refuge is one of the world’s last intact ecosystems and one of the few places in the United States that has never been developed or industrialized. After 50 years of protection, the refuge was opened to oil and gas leasing and development.

This was originally published as a case study in “Banking on Climate Chaos: Fossil Fuel Finance Report 2021” — a report by Rainforest Action Network, BankTrack, Indigenous Environmental Network, Oil Change International, Reclaim Finance, and Sierra Club. You can see the full report at

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