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The Japanese firms, both members of the Net Zero Banking Alliance, were identified as the two biggest lenders in a report by a group of 28 nongovernmental organizations.
Major institutions provided $1.5 trillion to coal industry from 2019 to 2021: research
Banks from 6 countries were responsible for 86% of global coal financing, the study says. . Read more at straitstimes.com.
Research shows banks globally continue to fund 1,032 firms involved in the mining, trading, transportation, and utilization of coal
Banks gave more than $1.5tr to coal sector in 2019-2021: NGOs