Barclays ends financing of controversial mountaintop removal mining

clock •

Bank was biggest financier of MTR in 2013 but now expects method used to extract coal in Appalachian mountains will soon be phased out

Barclays has ended its financing of a controversial coal mining method known as mountaintop removal and said time is running out for the practice. The bank was the world's biggest financier of mountain...

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

Data centres: How UK climate and water risks pose challenges for AI investors

Data centres: How UK climate and water risks pose challenges for AI investors

Energy-hungry and water-thirsty data centres pose risks for investors, with the build-out coinciding with a changing climate and rising demands in a more resource-scarce future

Jack Roach, Investment Week
clock 17 September 2026 • 5 min read
Carbon intensity of global equity emissions fell by a third over past decade

Carbon intensity of global equity emissions fell by a third over past decade

London Stock Exchange Group study reveals corporate climate targets have become widespread, but overall emissions are still yet to fall

James Murray
clock 17 September 2026 • 3 min read
Majority of global investors say UK outperforms on renewables and clean tech

Majority of global investors say UK outperforms on renewables and clean tech

Latest EY clean tech investor survey finds the UK remains an attractive destination for international investors

Stuart Stone
clock 16 September 2026 • 3 min read