FinTech Magazine January 2026 | Page 19

JPMORGAN ADDS AMAZON TO RISK FRAMEWORK AMID US $ 2BN EXPOSURE
JPMorgan Chase expanded its enhanced review framework to include the Amazon biome in October 2025, a strategic risk management decision as the bank faces scrutiny over significant regional exposure.
Since 2016, the institution has provided nearly US $ 2bn in financing to Amazon-based oil and gas operations, according to Stand. earth’ s database. The bank allocated US $ 326m since 2024 to companies including Gran Tierra, Petrobras and Hunt Oil Peru. The framework addition coincided with COP30, which took place in the Amazon, positioning JPMorgan to address environmental risk factors that increasingly influence credit decisions and regulatory compliance in energy sector financing.
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