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The Financial Sector and Japan's Corporate Governance Code
By Rainforest Action Network | Jul 23, 2015 |

Most banks don't require proof that their clients in the tropical timber, palm oil or pulp and paper sectors have the legal right to clear forest. They don't require proof that the rights of affected Indigenous Peoples or other forest-dependent communities are respected. And they almost certainly won't make loans conditional on any robust environmental standards.

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BankTrack launches ‘Paris Pledge’ campaign
New international campaign calls on all banks to end coal financing ahead of Paris climate summit
By BankTrack | Jul 08, 2015 | Nijmegen, The Netherlands

A major international coalition of campaign groups is today launching a campaign calling on banks to publicly pledge to end their multi-billion dollar financing for the coal industry, ahead of the UN Climate Summit in Paris. The campaign is coordinated by BankTrack, the bank campaign organisation, and is supported by over 40 environmental and campaigning groups including… read more >> | share >>

New UNESCO warning to potential financiers of Rampal coal plant
By BankTrack | Jul 06, 2015 | Bonn, Germany

The UNESCO World Heritage Committee at its annual meeting in Bonn has yet again criticised the Bangladeshi government for failing to evaluate the impacts of the proposed Rampal coal plant on the Sundarbans World Heritage Site. In a blow to prospects for the coal plant, the Committee requested the Bangladeshi government invite a monitoring mission to the site, the first… read more >> | share >>

Bangladesh coal plant “non-compliant with Equator Principles” shows new BankTrack analysis
“Big Three” French banks ruled out financing for Rampal project near Sundarbans World Heritage mangrove forest
By BankTrack | Jun 29, 2015 | Nijmegen

As the UNESCO World Heritage Committee meets this week in Bonn, Germany, a new report from BankTrack shows that the Rampal coal power plant, proposed for construction on the edge of the World Heritage Sundarbans mangrove forest in Bangladesh, would breach the Equator Principles, a set of guidelines for project finance… read more >> | share >>

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banktrack tweets
.@SumOfUs raising funds for legal action to hold HSBC to account on tax:
Jul 31, 2015
@rkyte365 We agree, and we're inviting the banking sector to put forward plans to wean itself of coal before Paris:
Jul 31, 2015
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