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HomeGeneral NewsBanks channeled $385 billion into coal industry since COP26

Banks channeled $385 billion into coal industry since COP26

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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.

At the COP26 climate summit in Glasgow in 2021, almost 200 governments…



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