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No funding for the Rampal coal power plant
European banks warned over raid on pension funds to finance disputed coal plant in Dominican Republic
By CNLCC, BankTrack, Les Amis de la Terre France | May 27, 2016 | Santo Domingo, Dominican Republic

Top European banks including Société Générale, Deutsche Bank and ING have been warned by Dominican Republic NGO the National Committee to Combat Climate Change (CNLCC) about the worrying implications of Dominican government plans to use $600 million of employee pension fund money in order to help finance the controversial - and struggling… read more >> | share >>

COAL: BNP Paribas misses its shot, the match begins!
By Les Amis de la Terre | May 26, 2016 | Paris

When asked today at its General Assembly about its support for coal, French bank BNP Paribas was content to simply recall the commitments it adopted for last year's United Nations climate summit (COP21), and leave it at that. According to Friends of the Earth France, however, the policies adopted by the bank contain a number of loopholes which still allow the bank… read more >> | share >>

New BankTrack Human Rights Impact Briefing: Drummond and paramilitary violence in Colombia
By BankTrack | May 25, 2016 | Nijmegen

BankTrack today publishes the second in its series of Human Rights Impact Briefings, focusing on the coal company Drummond and the seven banks which have financed it since 2010. The briefing finds that despite… read more >> | share >>

Deutsche Bank Blacklists Mountaintop Removal Companies
By urgewald | May 23, 2016 |

At Deutsche Bank's shareholder meeting last week, the bank announced an end to its support for mountaintop removal mining. In his speech, the bank's outgoing CEO, Juergen Fitschen, said: "Using explosives to destroy the summits of mountains does not seem to us to be… read more >> | share >>

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banktrack tweets
And the financing on this deal continues to get dodgier: ¡Hola! @SocieteGenerale @ING_news
May 27, 2016
Banks warned over pension funds raid to finance disputed #coal plant in #DominicanRepublic
May 27, 2016
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