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banks


Japan Pulls Back from Coal, Though New Plants Move Forward

Japanese financial institutions and energy companies continue to move away from supporting coal-fired power generation, as the country’s leadership reiterates what it says is an “unwavering resolve to decarbonize.” Several…


Banks Invest in Coal, Gas Projects Despite Pushback

A new report from a half-dozen environmental groups says global banks financed $2.7 trillion of fossil fuel projects from December 2015, when the Paris Agreement on climate was reached, through…


COP24's Hefty Impact on the Power Sector

Two weeks of intense negotiations at the 24th meeting of the United Nations Framework Convention on Climate Change (UNFCCC) Conference of the Parties (COP) in Katowice, Poland, last December culminated…