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Banks Plough Billions Into Coal 'as if Glasgow Never Happened'

Summary by Financial Post
(Bloomberg) — Global banks channeled more than $385 billion to the coal power industry over the past three years, with annual flows increasing last year from 2023, according to analysis by a group of nonprofits.

9 Articles

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The largest investments in coal continue to come from China, but most recently the plants worldwide increased. Deutsche Bank alone increased its financial volume from 2022 to 2024 by more than 150 percent.

New study shows that international banks are investing more and more in the coal industry.

·Zürich, Switzerland
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Never before has coal been burned as much as it is today, emissions continue to climb. Despite the climate targets, financing for the industry recently resumed

·Vienna, Austria
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The largest investments in coal come from China, but German banks also remain loyal to the business.

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sharecafe.com.au broke the news in on Monday, July 7, 2025.
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