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Credit Suisse halts financing for new coal power plants

Madeleine Cuff
Madeleine Cuff
clock 11 December 2019 •
Credit Suisse has promised no financing for new coal power plants
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Credit Suisse has promised no financing for new coal power plants

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...

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