BankTrack News
Crédit Agricole announces end to global coal mining finance at AGM
2015 |
BankTrack
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2015 |
BankTrack
In May, Crédit Agricole announced at its annual general meeting in Lille that it is ending its multi-million euro funding for coal mining projects and companies. Less than seven months before the United Nations conference on climate change in Paris (COP 21), Crédit Agricole became the second major bank in the world - after Bank of America - to cut its funding for the coal mining sector. Friends of the Earth France and BankTrack have welcomed this step forward and now call on Crédit Agricole to deliver in full for the climate by signing the 'Paris Pledge' and thus end completely the bank's support to the coal industry. Read more.