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Stop Demonizing Fossil Fuel Companies, Warns Global Bank Chief

2016-01-21 10:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Huffington Post: Stuart Gulliver, the boss of global bank HBSC, has made an impassioned plea to activists to stop demonizing the fossil fuel companies. Speaking at the World Economic Forum in Davos on Wednesday, Gulliver said it was "dangerous' to think that society should abandon the oil, gas and coal industry. He warned of disastrous unintended consequences, in particular for developing countries, if the sector were ostracized, given that it is responsible for a huge numbers of jobs, money for pensions and...

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World Bank urged to stop Uzbekistan loans over cotton labour

2015-11-25 12:02:00| Daily apparel & textile news and comment - from just-style.com

Groups including those representing global apparel retailers and importers, are urging the World Bank to suspend loans to Uzbekistan over concerns about the use of forced labour in this autumn's cotton harvest.

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Stop funding fossil fuel projects, World Bank urged

2015-11-08 15:48:00| Climate Ark Climate Change & Global Warming Newsfeed

OneWorld: The World Bank is right to highlight the connection between poverty and climate change but needs to practice what it preaches and stop funding fossil fuel projects around the globe, says Christian Aid. Responding to Sunday's publication of the bank's new report, Shock Waves: Managing the Impacts of Climate Change on Poverty Christian Aid's Senior Climate Advisor, Mohamed Adow, said: "It is good to see the World Bank underlining the clear connection between climate change and how it fuels poverty....

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Overdrafts 'stop bank switching'

2015-05-21 14:53:37| BBC News | Business | UK Edition

Many bank customers with an overdraft mistakenly believe they are locked out of switching their current account provider, research finds.

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Time for Frances Biggest Bank to Stop Funding Mountaintop Removal Coal

2014-05-22 01:35:00| Climate Ark Climate Change & Global Warming Newsfeed

Rainforest Action Network: The campaign to stop bank financing of mountaintop removal coal mining is gaining momentum. For years, RAN and other organizations in the global BankTrack network have urged U.S. and European banks to stop financing the devastation caused by mountaintop removal (MTR) coal mining. BankTrack members have worked closely with advocates from Appalachia -- the region hardest hit by MTR -- including Paul Corbit Brown and Elise Keaton from Keeper of the Mountains, and Bob Kincaid from Coal River Mountain...

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