Civil society response on announcement European financiers to ‘seek to exit’ Agua Zarca project
Exim Bank India: Don't wreck the Sundarbans
No funding for the Rampal coal power plant
As the UN Guiding Principles turn five, BankTrack research shows three major gaps in banking sector implementation
By BankTrack | Jun 16, 2016 | Nijmegen

On the fifth anniversary of the endorsement by the UN Human Rights Council of the UN Guiding Principles on Business and Human Rights today, BankTrack highlights three alarming gaps in the human rights practices of all banks, shown by its research into the human rights policies, processes and reporting of 45 international banks over the past three months. [1]
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New report finds banks betting on climate change
Seventh annual bank finance Report Card reveals major banks poured hundreds of billions into extreme fossil fuels
By BankTrack, Rainforest Action Network, Sierra Club and Oil Change International | Jun 14, 2016 | Nijmegen, San Francisco

A report released today by Rainforest Action Network (RAN), BankTrack, Sierra Club and Oil Change International provides the first look at bank financing for fossil fuels since the Paris Climate Agreement, showing that the world's biggest banks are driving climate change by pumping hundreds of billions of dollars into extreme fossil fuels.

The seventh edition… read more >> | share >>

NTPC shareholders urged to push for Rampal coal plant to be dropped
BankTrack appeals to 50+ shareholders in India’s National Thermal Power Corporation to seek withdrawal NTPC from Rampal coal power plant threatening Bangladesh’s Sundarbans forest.
By BankTrack | Jun 13, 2016 | Nijmegen

BankTrack this week sent letters to all major shareholders of the Indian National Thermal Power Corporation (NTPC) appealing to them to use their influence to urge the company to withdraw from the highly destructive Rampal coal power plant in Bangladesh. The plant threatens the world's… read more >> | share >>

WWF calls for industry standards in the Green Bond market to bolster a sustainable economy
By WWF | Jun 13, 2016 | International

New research commissioned by WWF and published today, shows that the proliferation of standards, frameworks and guidelines, as well as the diversity of market practices in terms of definitions and requirements for green bonds create complexity and confusion among issuers and investors which could hamper the confidence needed for the green bond market… read more >> | share >>

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banktrack tweets
RT @ClimateReality: Headlines we’re sick of writing: Another month, another broken global temperature record https:…
Jun 22, 2016
RT @Earthjustice: The world agreed to not burn most fossil fuels. Why aren’t these banks listening?
Jun 22, 2016
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