Pressure grows on banks to end business with Indonesian coal giant Adaro mongabay.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mongabay.com Daily Mail and Mail on Sunday newspapers.
Experts have criticized plans by Indonesia’s financial regulator to encourage investments in coal plants powering the metal-processing industry, acting contrary to scientific evidence.
JAKARTA Indonesia’s move to categorize coal-fired power plants for industry as sustainable has sparked criticism from energy and finance observers, who say it goes against the scientific evidence. The country’s financial regulator, the OJK, is in the process of revising the country’s Green Taxonomy, a framework defining what kinds of investments may be considered […]