Mmastodon BusinessBanking first seen 1 d ago, last 1 h ago, peak #1
UK banks named Europe's biggest coal financiers
Original: UK banks are Europe’s biggest coal financiers, report finds https://www. theguardian.com/environment/20 26/sep/30/uk-ban
A new report finds UK banks are the largest providers of coal financing in Europe, drawing attention to the gap between financial institutions' climate pledges and their continued funding of fossil fuels. The findings are being discussed in the context of the climate crisis and pressure on banks to cut greenhouse gas emissions linked to their lending.
Why now: A newly published report highlights UK banks' leading role in financing coal, contradicting their climate commitments.
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Evidence
- UK banks are Europe’s biggest coal financiers, report finds https://www. theguardian.com/environment/20 26/sep/30/uk-banks-are-europe-biggest-providers-coal-financing-report-finds # Coal # Banking # FossilFuels # GreenhouseGasEmissions # ClimateCrisis # Energy # Environment · theguardian_us_environment@halo.nu · 4
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