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The Top 20 coal banks identified are increasingly vocal about the importance of tackling climate change.
The sustainability reports and websites of these banks - and many others - are full of commitments and warm words related to climate change and the environment. Yet while commercial banks are genuinely increasing their financing of renewables and energy efficiency, the impacts of these positive advances are being over-shadowed by the rapid increase in bank finance for coal as detailed in the "Banking on Coal 2014" report.
This reality is not being reflected in the banks' public statements, for example: