Morgan Stanley and Wells Fargo Cut Coal Financing, Join Growing Movement by Banks in U.S. and Europe
Rainforest Action Network Calls on Banks to End All Financing for Coal
By Rainforest Action Network | Dec 01, 2015 | San Francisco

Today, Morgan Stanley and Wells Fargo released new commitments to cut financing for the global coal industry. Wells Fargo's policy committed to reduce the bank's lending to coal mining companies. Morgan Stanley's policy went further, covering both lending and underwriting, and committing to end financing for coal-fired power plant construction in developed… read more >> | share >>

ING becomes latest bank to stop finance for new coal
Dutch Bank leaps to the front on climate change in run-up to Paris climate conference
By BankTrack | Nov 27, 2015 | Nijmegen

ING, the largest bank in the Netherlands, has become the latest to announce it is withdrawing from financing new coal power and mining projects. The move "suddenly makes ING a front runner on climate change among the large global banks" according to BankTrack, which has been calling on banks to publicly commit to quit coal in the run-up to the Paris climate summit,… read more >> | share >>

Allianz Says Goodbye to Coal Industry
By urgewald | Nov 24, 2015 |

This morning, the world's largest insurance company, Allianz, announced its decision to undertake a major divestment action from the coal sector. In reaction to a campaign by the German environment organization, urgewald, Allianz stated it will divest shares of mining companies that derive over 30% of their revenues from coal and divest shares of utilities that produce… read more >> | share >>

BNP Paribas and Société Générale move away from coal – but not far enough
By BankTrack and Les Amis de la Terre | Nov 19, 2015 |

Less than two weeks before the start of the United Nations Climate Summit (COP21) in Paris, new approaches to coal financing announced by top French banks BNP Paribas today and Société Générale yesterday have been described by bank campaign organisations BankTrack and Les Amis de la Terre - Friends of the Earth France as "a good start but… read more >> | share >>

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banktrack tweets
BankTrack news - Morgan Stanley and Wells Fargo become latest to cut coal financing
Dec 01, 2015
RT @RAN: You spoke, they listened: @MorganStanley and @WellsFargo are cutting coal mining financing
Dec 01, 2015
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