New research by a consortium of 28 environmental NGOs found that commercial banks from Japan, the UK, the US, China, India and Canada are responsible for 86 percent of global coal financing and investment.
While the UK claims global leadership on climate change, which it sought to boost with its hosting of the last UN climate change conference in October, UK bank Barclays ranks fourth in the “dirty dozen” list drawn up by the NGOs, followed by US bank Citigroup. Four other US banks make it to the top 12 list of coal lenders, while ten of them are also members of the Net Zero Banking Alliance.
Nearly 500 commercial banks have provided $1.2 trillion to companies on the GCEL through underwriting. The three Chinese financial institutions that top the list of the top 12 underwriters are the Industrial Commercial Bank of China, the China International Trust and Investment Corporation and the Shanghai Pudong Development Bank. US bank JPMorgan Chase is the only non-Chinese bank on the list.
More than 40 countries agreed to phase out coal, the dirtiest fossil fuel. The largest economies have pledged to do so in the 2030s, while the deadline for smaller economies still dependent on coal is a decade later.
and obviously aim for first place...son of the bitch...
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Bullying, Harassment and Discrimination Rife in U.K. Screen Industry, According to Film and TV Charity ReportBullying, harassment and discrimination remain rife in the U.K. screen industry, according to a new report. Over 50% of respondents to the survey set by the Film and TV Charity reported they had ex… I'm here to show my appreciation to this woman TarellaCampbel who took me out from zero to hero. I'm so glad to be among your winning team ma'am and I will always show my gratitude and work with you always🙌 White people syndrome. 🙄
Source: Variety - 🏆 108. / 63 Read more »
US sea levels will rise rapidly in the next 30 years, report warnsA federal report warns that America's coasts will be hit hard by ever faster sea level rise between now and the year 2050. Good 👍👏, We could use the rain 🌧☔️!!
Source: FOX4 - 🏆 289. / 63 Read more »
US schools failing in fight against youth mental health crisis, new report card findsA new report card from the Hopeful Futures Campaign grades all 50 states on how well they're supporting students' mental health amid COVID-19. Therein lies the problem. You tell me that lockdowns and restrictions are being done for public health. But the long-term cost to people's mental health is devastating. Are these policies truly beneficial to public health? I'm now totally debt free all thanks to Roger Keith Ver who helped me trade forex with my savings of $350 and now I've earned over $5,380. His amazing. Contact him and start earning from home. rogerkeithver42gmail.com Abiding by the Passover festival and eating bread and wine can overcome the crime of disaster and forgive the eternal life of the soul. Believe in the God of anshanghong and the Heavenly Mother God of new Jerusalem to return to the beautiful hometown of heaven
Source: USATODAY - 🏆 100. / 63 Read more »
Binance.US Faces SEC Probe Over Trading Affiliates: ReportThe SECGov is investigating the U.S. arm of binance over ties to two firms controlled by Binance founder and CEO cz_binance, according to The Wall Street Journal. BrandyBetz reports SECGov binance cz_binance BrandyBetz SECGov binance cz_binance BrandyBetz SHINJA SECGov binance cz_binance BrandyBetz CZ ngmi
Source: CoinDesk - 🏆 291. / 63 Read more »
US Could See a Century's Worth of Sea Rise in Just 30 Years: ReportAmerica’s coastline will see sea levels rise in the next 30 years by as much as they did in the entire 20th century, with major Eastern cities hit regularly with costly floods even on sunny days, a government report warns.
Source: nbcsandiego - 🏆 524. / 51 Read more »
Devastating NOAA Report Warns Sea Levels Along U.S. Coasts Will Rise a Foot by 2050Coastal flooding will become more common and more severe as ocean levels rise. Where have we heard this fear-mongering before?
Source: Gizmodo - 🏆 556. / 51 Read more »