HSBC to (almost) stop financing coal power

Madeleine Cuff
clock • 2 min read

Europe's biggest bank announces intention to halt financing for coal-fired power plants as part of low-carbon drive - but lists Bangladesh, Indonesia and Vietnam as exceptions

HSBC, the biggest bank in Europe, has today announced it will stop financing coal-fired power stations, oil sands and Arctic offshore drilling projects in a move to support the low-carbon economy. Announced...

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