Mmastodon BusinessBanking first seen 10 h ago, last 1 h ago, peak #1
UK banks named Europe's biggest coal financiers in new report
Original: UK banks are Europe’s biggest coal financiers, report finds https://www. theguardian.com/environment/20 26/sep/30/uk-ban
UK banks are the largest providers of coal financing in Europe, according to a new report covered by The Guardian. The findings highlight the gap between banks' climate pledges and their continued funding of the most polluting fossil fuel, drawing criticism from environmental campaigners and renewing pressure on British financial institutions to curb coal exposure.
Why now: A new report directly contradicts UK banks' climate commitments, making the findings newsworthy and controversial.
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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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