Adaro’s Green Initiative is Greenwashing at Best
Coal mining remained the DNA of the group and they are targeting a coal production volume of 52-54 million tonnes, the same amount as their production last year.
Coal mining remained the DNA of the group and they are targeting a coal production volume of 52-54 million tonnes, the same amount as their production last year.
This announcement comes ahead of the upcoming Leaders Summit for Climate today.
Chinese banks’ fossil fuel policies are almost nonexistent, when it comes to aligning with the Paris Agreement.
Commercial banks providing more money to the coal industry since the Paris Agreement. US investors hold 58% of institutional investments in the coal industry, with Japan in second place.
Climate activists are demonstrating against European Central Bank’s support for fossil fuel corporations like Shell and Total at the bank’s headquarters in Frankfurt.
On the occasion of the first ever international summit of public financial institutions, civil society groups urge them to urgently address the climate crisis by stop financing fossil fuels.