LSE: 85 per cent of banks are open to financing new coal projects

Cecilia Keating
clock • 3 min read
LSE: 85 per cent of banks are open to financing new coal projects

Transition Pathway Initiative Centre warns banks are failing to enact robust met zero strategies that align with climate targets

Banks are failing to introduce policies that tackle the financing of deforestation and fossil fuel production, with some 85 per cent of leading banks still open to financing coal projects. That is according...

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

Cecilia Keating
Author spotlight

Cecilia Keating

View profile
More from Cecilia Keating

We need the transition to a low-carbon economy to reverse historic injustices

Why the Women in Green Business Awards is more important than ever

More on Investment

The data gap holding back investment in resilience and nature
Investment

The data gap holding back investment in resilience and nature

Evidence overwhelmingly shows adaptation and nature matter financially - the challenge now is making these risks and opportunities calculable, comparable, and actionable, writes Robert Spacey Martin from LSE's Earth Capital Nexus

Robert Spacey Martin, LSE's Earth Capital Nexus
clock 29 October 2025 • 5 min read
Severn Trent launches fresh round of its nature protection funding for farmers
Investment

Severn Trent launches fresh round of its nature protection funding for farmers

Farmers invited to apply for Severn Trent's latest STEPS programme, according to the water supplier

Jane Thynne, Farmers Guardian
clock 29 October 2025 • 2 min read
UK government moves ESG ratings providers under FCA remit
Investment

UK government moves ESG ratings providers under FCA remit

Providers of environmental, social and governance (ESG) ratings are to be regulated in the UK by the Financial Conduct Authority (FCA), under new legislation passed this week

Michael Nelson, Investment Week
clock 28 October 2025 • 2 min read