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Standard Chartered issues Oman's first green guarantee for solar project

Standard Chartered issues Oman's first green guarantee for solar project
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Standard Chartered issues first green guarantee for CEEC-SEPEC

Standard Chartered has announced the issuance of its first-ever green guarantee for China Energy Engineering Shanxi Electric Power Engineering Company (CEEC-SEPEC) in Oman.
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Mounting pressure for Standard Bank to make a call on east Africa oil pipeline

With another major bank making public its decision not to finance the East Africa Crude Oil Pipeline, there is increasing pressure from shareholder activists for Standard Bank to distance itself from the project. ....

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'Climate Wreckers': City of London Failing to Exit Coal, Report Reveals, urgewald e.V., Pressemitteilung


04.05.21
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More than five years after the Paris Agreement, the UK financial sector is actively undermining Government efforts to phase out coal, according to a new report from NGO Reclaim Finance (1). The group’s research, undertaken in collaboration with German NGO Urgewald, has found that five leading UK banks provided $56 billion of support to companies on the Global Coal Exit List (GCEL) between October 2018 and October 2020 (2). Investors led by Legal & General (L&G) likewise held $47bn in GCEL companies in January 2021. Worse still, the report unveils widespread support for companies planning on expanding coal among UK banks and investors.
Leading Banks Under the Spotlight ....

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