$3.8 Trillion Poured Into Fossil Fuels Since Paris Agreement
Chinese banks’ fossil fuel policies are almost nonexistent, when it comes to aligning with the Paris Agreement.
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.
From the differences in treatment between Omnibus Law and Renewable Energy Bill, we can understand why the renewable energy implementations in Indonesia are still far from its target.
Description of coal finance has not changed since last year, and its exception provisions still allow the bank to provide financing to coal-fired power projects.