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In Germany, wind turbines are being torn down to make way for a coal

Summary by Ground News
RBC is financing German utility RWE to expand the Garzweiler coal mine. RWE describes the money it receives from international banks as being linked to sustainability criteria. Sustainable finance is a quickly emerging field built on the premise that if a company adopts environmental, social or governance (ESG) targets and meets them, it can receive better interest rates.

1 Articles

National ObserverNational Observer
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In Germany, wind turbines are being torn down to make way for a coal

Sustainable finance could be an important step to paying for the energy transition to a climate-safe future, so why is it being used to tear down wind turbines to expand a coal mine?

·Canada
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National Observer broke the news in Canada on Wednesday, September 20, 2023.
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