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Big banks are propping up the coal industry as it keeps on pumping out toxic emissions in some parts of the world

28 days ago   |   By Business Insider

Summary List Placement It's been six years since the world's governments adopted the Paris Agreement. But in many parts of the world, including my country of Indonesia, the coal industry rampages on, aided and abetted by banks from around the world.
Coal is the single most significant source of global temperature increases to date. Scientists say if we want to meet the Paris Agreement's 1.5°C target, coal needs to be phased out globally by 2040 .
As important as political action is on climate change, banks must end their financing of coal too. Through their lending and investing...
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