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“Big Three” French banks rule out financing for Rampal coal project

2015 |
By: BankTrack
The Sundarbans. Photo: unknown
2015 |
By: 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.

Banks

BNP Paribas

France
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Crédit Agricole

France
Active

Société Générale

France
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Dodgy Deals
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Rampal coal power plant

Bangladesh
Project
On record
Coal Electric Power Generation

Rampal coal power plant

Bangladesh
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