Americas > 85% of banks worldwide still open to financing new coal -report

85% of banks worldwide still open to financing new coal -report

Published 00:01 on October 8, 2024  /  Last updated at 16:01 on October 7, 2024  / /  Americas, Asia Pacific, EMEA, International, Japan, Voluntary

Some 85% of banks are open to financing new coal projects, and only 8% of banks are committed to ending project financing of new oil and gas fields, according to research published on Tuesday.
Some 85% of banks are open to financing new coal projects, and only 8% of banks are committed to ending project financing of new oil and gas fields, according to research published on Tuesday.


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