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

    1 month ago - By Business Insider

    People protest Standard Charter Bank's ties to global warming.
    Franciskus Simbolon/Jeda untuk Iklim
    Standard Chartered just helped fund the giant Indonesian coal company Adaro with US$ 400 million.
    Adaro's business models are in line with 5-6ºC of global warming, far above the 1.5ºC Paris Agreement limit that Standard Chartered claims to support.
    Standard Chartered's climate policy allows them to continue funding destructive coal companies whose business plans are consistent with the Paris Agreement failing.
    Binbin Mariana is an environmental campaigner from Indonesia.
    This is an opinion...
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