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Mmastodon WorldEU Politics first seen 22 h ago, last 22 h ago, peak #10

UK banks named Europe's biggest coal financiers in report

Original: UK banks are Europe’s biggest coal financiers, report finds https:// lemmy.zip/post/72460892

A new report finds that UK banks are the largest financiers of coal in Europe, leading the continent in funding for the industry despite climate commitments. The finding is drawing criticism from environmental campaigners, who argue it exposes a gap between banks' green pledges and where their money actually goes.

Why now: The finding contradicts UK banks' public climate commitments, sparking criticism of greenwashing

UK banksEuropecoal industry

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