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20 banks under fire in UN climate change report
2013-11-16 15:00:00| Climate Ark Climate Change & Global Warming Newsfeed
Jakarta Post: The UN Climate Change Conference, also called the COP19, launched a report on Friday about the role of 20 banks in burning coal. The report finds that in the last eight years, commercial banks have poured ¤118 billion (US$159 billion) into mining coal while simultaneously lending renewables and trumpeting their efforts in green energy. It found that the lions share of finance, 71 percent, was provided by only 20 banks, and Citi, Morgan Stanley and Bank of America topped the list. The three...
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Category:Electronics and Electrical