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Today's publication of new criteria for coal-fired power plant financing by French bank Crédit Agricole suggests that the bank will not be able to finance the controversial €800 million Plomin C coal power plant in Croatia, believe campaign groups.  The policy now rules out finance for coal power plants in high-income countries, which includes Croatia.… read more >> | share >>
Today, Rainforest Action Network (RAN) announced that Morgan Stanley is the next major investment bank being targeted with a public campaign to demand that the bank commit to stop financing coal mining and coal-fired power.
The following is an investor alert sent by BankTrack to financial institutions on September 21.
We are writing to bring to your attention matters that have a direct bearing on your bank's commitment to a more sustainable low carbon economy. The Government of India recently invited bids from banks to arrange another share… read more >> | share >>
French bank Crédit Agricole's support for a proposed major new coal plant project in Croatia is inconsistent with the bank's climate ambitions and its own sector policy on coal-fired power plants, according to a new study released today. The analysis, by Friends of the Earth France and Croatia, Zelena Istra, CEE Bankwatch Network and BankTrack, screens the risks… read more >> | share >>