Banking on Climate Chaos Case Study: Vaca Muerta

Rainforest Action Network – Mar 24, 2021

In Argentina’s Patagonia region, the Vaca Muerta oil and gas reserves make up the world’s second-largest shale deposit. Since the Paris Agreement through August 2020, the top bankers of the nearly 40 companies fracking in Vaca Muerta are JPMorgan Chase, Citi, Bank of America, HSBC, and Barclays.…​ 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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