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Banks Plough Billions Into Coal 'as if Glasgow Never Happened'

Summary by Financial Post
(Bloomberg) — Global banks channeled more than $385 billion to the coal power industry over the past three years, with annual flows increasing last year from 2023, according to analysis by a group of nonprofits.

9 Articles

nd-aktuell.dend-aktuell.de
Left

"Coal Party" Sounds Slow

The largest investments in coal continue to come from China, but most recently the plants worldwide increased. Deutsche Bank alone increased its financial volume from 2022 to 2024 by more than 150 percent.

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Schweizer Radio und Fernsehen (SRF)Schweizer Radio und Fernsehen (SRF)
Lean Left

Banks Invest Billions in the Coal Industry

New study shows that international banks are investing more and more in the coal industry.

·Zürich, Switzerland
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Financial PostFinancial Post
Lean Right

Banks Plough Billions Into Coal 'as if Glasgow Never Happened'

(Bloomberg) — Global banks channeled more than $385 billion to the coal power industry over the past three years, with annual flows increasing last year from 2023, according to analysis by a group of nonprofits.

·Canada
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der Standard ATder Standard AT
Reposted by
der Standard DEder Standard DE
Lean Left

Return to Coal? Banks Are Financing Industry Again More Globally

Never before has coal been burned as much as it is today, emissions continue to climb. Despite the climate targets, financing for the industry recently resumed

·Vienna, Austria
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Stand.earthStand.earth

Three Years After Glasgow: Banks’ Global Coal Financing on the Rise Again - Stand.earth

Open the article to view the coverage from Stand.earth

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sonnenseite.comsonnenseite.com

Ngo Study: From the Coal Party to the After-Coal Party - Sonnenseite - Ecological Communication with Franz Alt

The largest investments in coal come from China, but German banks also remain loyal to the business.

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  • 75% of the sources lean Left
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sharecafe.com.au broke the news in on Monday, July 7, 2025.
Sources are mostly out of (0)

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