BankTrack News
“Big Three” French banks rule out financing for Rampal coal project
2015 |
BankTrack
The Sundarbans. Photo: unknown
2015 |
BankTrack
In June, the three largest French banks, BNP Paribas, Crédit Agricole and Société Génerale, have said they will not finance the Rampal coal power project, on the edge of the Sundarbans mangrove forest in Bangladesh. The move comes six months after two Norwegian pension funds withdrew from India's National Thermal Power Corporation, one of the companies involved in developing the plant. Read more.
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