NatWest confirms it is to stop lending to oil and gas projects

Michael Holder
clock • 5 min read
Credit: iStock
Image:

Credit: iStock

Banking giant sets out flurry of fresh green financing commitments as it gears up to release its first Climate Transition Plan next week, but campaigners argue it could pull forward new pledges

NatWest Group yesterday promised to stop providing loans for new oil and gas projects, while providing at least £10bn in lending to help improve the energy efficiency of UK homes, as the bank gears up...

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