WATCH: Nedbank gets tough on fossil fuels

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Nedbank CFO Mike Davis talks to Business Day TV about the bank’s plans to cut direct funding for new oil and gas exploration

Nedbank has taken a tough stance against fossil fuels, saying it will stop funding new thermal coal mines by 2025 and cut direct funding for new oil and gas exploration with immediate effect.

Source: News Formal (newsformal.com)

 

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