Barclays ceases direct funding of new fossil fuel projects
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Source: utilitydive.com
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Barclays pledges to stop directly financing new oil and gas projects
Barclays PLC has promised to stop directly financing energy clients' new oil and gas projects as part of updates to its climate change strategy. The London-based bank bank on Friday published a...
Source: marketscreener.com
British lender Barclays to adopt fresh curbs on oil and gas financing
Barclays, Britain’s biggest lender to the oil and gas industry, told Reuters it will stop direct financing of new oil and gas fields and restrict lending more…
Source: biztoc.com
Barclays Bets Big on Green Transition, Reportedly Turns Up the Heat on Oil & Gas Lending - Barclays (NYSE:BCS)
Barclays eyes notable adjustment in energy financing, ceasing direct funding for fresh oil and gas fields. Delve into the Transition Finance Framework and its effects on fossil fuel funding. In response to climate activism, Barclays establishes ambitious goals to curb fossil fuel lending by 2025, emphasizing the Transition Finance Framework's role in shaping energy finance.
Source: benzinga.com
Barclays pulls upstream gas expansion project financing
Barclays is to stop project or other direct finance to energy clients for upstream oil and gas expansion projects or related infrastructure under its revised Climate Change Statement.
Source: gasworld.com