Sentences with phrase «coal financing»

The details for restricting support for overseas coal financing through those agencies are still being negotiated and therefore vulnerable to these regressive efforts.

An update to our previous reports on international coal finance, this report confirms that financing for coal threatens to undermine the Paris Agreement's aims.

This increase comes during the first full fiscal year following the World Bank's announced commitment to limit coal financing due to climate concerns.

• Ensure that the limit on coal financing in the Energy Directions paper is comprehensive and applies to all forms of World Bank Group support, including development policy loans, financial intermediaries, and advisory services.

The World Bank's increase in fossil fuel finance is especially disappointing as 2014 was the first full fiscal year following the World Bank's commitment to limit coal financing due to climate concerns.

Meanwhile, India added 152 GW of coal power capacity from 2006 to 2017, second only to China, despite a broad retreat from coal financing by private capital in the country and a freeze on coal plant construction introduced in 2017.

Because the international community has moved swiftly and quickly to end coal financing, and Germany doesn't want to be an outlier.

And the World Bank, whose very mandate includes solving energy poverty, has restricted further coal financing to «rare circumstances».

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But if Germany is so coal friendly, why is it contemplating this significant move away from international coal financing?

Given Long Phu's intimate involvement with sanctioned Russian entities and corrupt officials, violations of international restrictions on coal financing, and fueling climate chaos, Ex-Im Bank should have long ago considered this project dead on arrival.

To avoid locking Indonesia into a future of dirty, climate - destroying coal and making a mockery of its Energy Directions» pledge to limit coal financing, the World Bank must:

She is an international environmental lawyer with expertise in climate change, human rights, forest governance, and coal finance.

If Environment Minister Hendriks» does announce a stringent, comprehensive limitation on overseas coal financing, in line with the international community, it would be exactly the kind of action that 100,000 environmental, labor, faith, and social justice activists will be marching for this Sunday in New York City at the People's Climate March, and its affiliated events worldwide.

That's the big question that the coal finance monkeys at Chase keep asking themselves now that their love affair with mountaintop removal (MTR) has drawn the attention of Rev. Billy and the Church of Life After Shopping.

The coal financing deal also goes against the Equator Principles, a framework for banks to assess the environmental and social risk of the infrastructure projects they finance, that StanChart signed in 2003.

Main Will Germany Join the International Community and Restrict Overseas Coal Finance?»

«Connecticut on its way to a coal - free future Main Japan Draws Condemnation For Continued Overseas Coal Financing»

For example, JPMorgan Chase & Co. revised its coal financing policy in 2016 to eliminate financing to new «green» coal mines, prohibiting financing of new coal.

Coal Finance: Will the OECD Lag Behind Emerging Countries Because of Japan?

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HSBC and Crédit Agricole provided US$ 7 billion and US$ 9.5 billion, respectively, to the coal industry between 2009 and 2014, and their coal financing does not show a clear downward trend.

Just a few nations within the Group of 20 (G20) account for the vast majority of international coal finance.