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May 4, 2024
Frankfurt: Banks lent almost $470 billion to the coal industry between 2021 and 2023, according to a study published this week by German environmental group Urgewald, which criticised the scale of financing amid rising global temperatures.
May 2, 2024
Banks lent almost $470 billion to the coal industry between 2021 and 2023, according to a study published Thursday by German environmental group Urgewald, which criticised the scale of financing amid rising global temperatures. Of the 638 banks surveyed, only 140  -- or abou...
December 8, 2023
Oil cartel warns ‘pressure may reach a tipping point’ and that ‘politically motivated campaigns put our prosperity’ at risk
July 9, 2023
An Edinburgh financial giant’s investments in 20 firms indirectly caused nearly five million tonnes of climate pollution in 2022 — …
April 13, 2023
In the seven years since the Paris Agreement was adopted, the world’s 60 largest private banks financed fossil fuels with USD $5.5 trillion.
November 15, 2022
Western banks are fuelling a new wave of oil and gas development in Africa, as EU statesmen pontificate on climate at COP27 in Egypt.
November 10, 2022
Analysis released at Cop27 climate summit shows plans would thwart chances of keeping global heating to 1.5C
February 18, 2022
Commercial banks have channeled more than $1.5 trillion into the coal supply chain since the start of 2019, according to a report.