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Browsing the "coal financing" Tag

Lloyds Banking Group Moves To Cease Financing New Coal-Fired Power

August 3rd, 2018 | by Joshua S Hill

One of Europe's largest banks, Lloyds Banking Group, has announced this week new policies which moves to solidify its support for the transition to a low-carbon economy by ceasing new funding for coal-fired power stations or thermal coal mines. 

Reinsurer Swiss Re Tightens Thermal Coal Exposure To 30%

July 6th, 2018 | by Joshua S Hill

One of the world's leading reinsurers, Swiss Re, has this week announced it will not provide re/insurance to businesses with more than 30% exposure to thermal coal across all lines of business, the latest company to tighten the screws on the future of the thermal coal industry. 

Royal Bank Of Scotland Introduces New Policies Halting Oil & Coal Project Financing

June 4th, 2018 | by Joshua S Hill

The Royal Bank of Scotland announced a new suite of energy financing policies at the end of May, which are designed to substantially reduce the bank's exposure to fossil fuel investments and includes halting project-specific financing for new coal-fired power stations, coal mines, and oil sands and Arctic oil projects. 

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