Banking on Coal

 

banking oncoal

urgewald, Bank Track, CEE Bankwatch network and Polska Zielona Siec, 2013

Despite the impacts of coal on human health, the environment and the global climate, coal is experiencing a global boom, and private banks are making large sums of money by financing the expansion of coal extraction and combustion.  This report presents new research on the portfolios of over 100 banks and their responsibility for the suicidal growth rates of the coal sector. It provides a Who’s Who list of the financial institutions undermining the global climate system and our common future.

Read the full report here