GreenFi Pledges Fossil Fuel-Free Finance

GreenFi pledges fossil fuel-free finance as governments plan to ramp up coal, oil, and gas production by 2030; Production Gap Report 2025.

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Formerly known as Aspiration, GreenFi continues its mission to combine finance with climate action.
GreenFi is taking a bold stand against fossil fuels. The eco-friendly financial platform has committed to ensuring all customer deposits are free from fossil fuel investments. GreenFi pledges fossil fuel-free finance as governments plan to ramp up coal, oil, and gas production by 2030, according to the 2025 Production Gap Report.

The company says it did not set out to establish a bank. It aimed to build a better world. For over a decade, GreenFi has offered climate-friendly financial services. Customers can save, spend, and invest with a conscience. The platform promises never to fund pipelines, oil drilling, or other fossil fuel projects.

“Mitigating climate change requires everyone to act,” said a GreenFi spokesperson. The company also donates 10 percent of monthly customer contributions to environmental non-profits. Previous recipients include SeaTrees, which regenerates blue carbon coastal ecosystems, and Rainforest Connection, which fights illegal deforestation.

GreenFi Pledges Fossil Fuel-Free Finance Amid Global Production Surge

The Production Gap Report tracks the gap between countries’ planned fossil fuel output and the levels needed to meet Paris Agreement climate targets. The urgency is clear. The Production Gap Report shows that the 20 largest fossil fuel-producing nations, including the U.S., Saudi Arabia, and Russia, plan to increase production by 2030. Their projected output exceeds Paris Agreement targets by 120 percent for the 1.5°C goal and 77 percent for the 2°C goal. Experts warn that without rapid action, global temperatures could rise beyond safe limits.

GreenFi contrasts this trend with its mission. It seeks to align finance with climate action. By keeping funds fossil fuel-free, the company encourages consumers to invest in sustainable energy. It also supports a transition to a cleaner economy.

Financial analysts say GreenFi’s approach could inspire broader change. With governments still expanding fossil fuel infrastructure, private initiatives may be crucial to drive decarbonization. GreenFi is positioning itself as a model for ethical banking, proving that money can grow while helping the planet.

As global leaders prepare for COP30 in Brazil, GreenFi urges individuals to take climate action through conscious finance. Its message is simple: your money can make a difference.

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