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No New Investment in Fossil Fuel Expansion : UN Chief

Antonio Guterres, current head of the United Nations and former president of Socialist International, has asserted there must .

New yorkUnited statesAlexandra ocasio cortezAntonio guterresErnest lefeverMichael wirthFrank palloneTim stewartRobert mugabeOlav fykse tveitNathan worcesterUn net zero banking allianceNational interestGlobal agenda councilEnergy information administrationWorld economic forum

Institutional Investors Just Can t Quit Coal

Despite the growing push to diversify away from coal, some of the world’s top banks and institutional investors are pouring huge sums of cash into the industry

France generalSakhalinskaya oblastHaley zarembaJapan mizuho financial groupUn net zero banking allianceReclaim financeMizuho financial groupZero bankingEnergy marketFossil fuels

Banks say they re getting tough on coal, but they keep lending trillions to polluters

Banks say they re getting tough on coal, but they keep lending trillions to polluters
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United statesFrance generalUnited kingdomSakhalinskaya oblastCity ofUnited kingdom generalNicole goodkindBen cushingTed naceMorgan stanleyUn net zero banking allianceJapan mizuho financial groupWarnermedia companyGoldman sachsRainforest action networkUnited nation net zero banking alliance

Banks say they re getting tough on coal, but they keep lending trillions to polluters

Banks say they re getting tough on coal, but they keep lending trillions to polluters
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Banks Haven t Quit Coal Study Says Commercial Lenders Have Channeled $1 5 Trillion to the Industry Since 2019

The research shows how a tiny number of financial institutions from a handful of countries play an outsized role in keeping the coal industry afloat.

Glasgow cityUnited kingdomUnited statesFrance generalUnited kingdom generalCity ofKatrin ganswindtUk barclays citigroupUrgewald ganswindtYann louvelIndustrial commercial bankRainforest action networkUn net zero banking allianceNet zero asset managers initiativeInternational energy agencyAmerican electric power