Exclusive-ADB, Citi, HSBC, Prudential hatch plan for Asian coal-fired closures -sources FILE PHOTO: A protester holds a bucket of coal during a demonstration demanding Japan to stop supporting coal at home and overseas, at the G20 Summit in Osaka, Japan, June 28, 2019. REUTERS/Jorge Silva August 3, 2021 By Clara Denina and Melanie Burton LONDON/MELBOURNE (Reuters) – Financial firms including British insurer Prudential, lenders Citi and HSBC and BlackRock Real Assets are devising plans to speed the closure of Asia’s coal-fired power plants in order to lower the biggest source of carbon emissions, five people with knowledge of the initiative said. The novel proposal, which is being driven by the Asian Development Bank, offers a potentially workable model and early talks with Asian governments and multilateral banks are promising, the sources told Reuters.