Credit Suisse halts financing for new coal power plants

Madeleine Cuff
clock • 2 min read

Swiss Bank extends policy that has already seen it halt financing for thermal coal mines

Swiss banking giant Credit Suisse has updated its lending policy to ban any financing for new coal power plants. In a statement published today, the bank said it recognises its "share of responsibilities...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Investment

Standard Chartered issues inaugural €1bn green bond

Standard Chartered issues inaugural €1bn green bond

€1bn issuance to help finance wide range of low carbon projects, including renewable energy, green building, and circular economy solutions

clock 08 January 2026 • 3 min read
UK investment consultant coalition launches climate investing framework

UK investment consultant coalition launches climate investing framework

Framework aims to assist investors in decision making to support real-world change, according to Investment Consultants Sustainability Working Group (ICSWG)

Martin Richmond
clock 08 January 2026 • 2 min read
Study: Almost half of sustainability execs cite upfront costs as 'main barrier' to decarbonisation

Study: Almost half of sustainability execs cite upfront costs as 'main barrier' to decarbonisation

Close to three quarters of senior sustainability managers struggled to access decarbonisation funding in the past year, study claims, but corporate support for climate goals remains robust

Stuart Stone
clock 07 January 2026 • 4 min read