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...

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Cecilia Keating
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Cecilia Keating

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