Posted inAT Finance, Bangladesh, India, Indonesia, Japan, Northeast Asia, South Asia, Vietnam, World

Banks need to follow StanChart’s lead and end new coal finance

By ruling out funding new coal-fired power plants globally, Standard Chartered has sent the message that developing countries such as Vietnam deserve clean air and water. Standard Chartered announced this week that it “will not directly finance any new coal-fired power plant projects, including expansions, in any location.” “Having previously committed not to finance any […]