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Browsing the "BNP Paribas" Tag

European Fund Manager Raises €850 Million For Clean Energy Infrastructure

June 5th, 2019 | by Joshua S Hill

London-based fund manager Glennmont Partners announced Tuesday that it had successfully raised  €850 million ($957 million) during its Third Fund investing in clean energy infrastructure projects in Europe, the largest amount that has ever been raised for a green energy only fund with a European mandate. 


BNP Paribas Announces Plans To Hasten Divestment From Coal

March 15th, 2019 | by Joshua S Hill

The investment arm of the world's seventh-largest bank, BNP Paribas, announced plans this week to implement an enhanced coal-exclusion policy which will tighten the company's exclusion policy on companies engaged in mining thermal coal and generating electricity from coal. 


Barclays “On Wrong Side Of History” In New Climate Change Policy

January 16th, 2019 | by Joshua S Hill

British banking giant Barclays has revised its stance on investing in fossil fuels which includes halting investment in coal mining and coal-fired power stations, but the bank has come under fire for not going far enough, with environmental organization Greenpeace comparing its lack of action with the bank's previous stance on apartheid, saying the bank is "once again on the wrong side of history."


World’s 8th Largest Bank Ceases Funding For Tar Sands Pipelines

October 30th, 2017 | by The Beam

On Wednesday October 11th, banking giant BNP Paribas announced that it is cutting ties with companies whose main business is connected with shale and/or oil from tar sands. The move has been lauded by climate activists around the world, who are calling for other banks to follow BNP Paribas’ example



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