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Communiqué De Presse.pdf

COP25_PR3.pdf

🔗 Source: coalexit.org

📊 Size: 146 KB

👤 Author: Moritz Schröder | urgewald

⬇️ Downloads: 211

Summary

Japanese and European banks are top lenders to new coal power development, while Chinese banks are top underwriters. US companies are the biggest institutional investors in the coal plant pipeline, with BlackRock being the largest investor. Despite calls for a phase-out of coal-based energy production, financial institutions have channeled $745 billion to companies planning new coal power plants since 2017, with 1,000 new coal power stations or units still in the pipeline, which would increase the global coal plant fleet by 28% if built.

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Description

Japanese and European banks are top lenders to new coal power development, while Chinese banks are top underwriters.

Technical Information

File Format: PDF
File Size: 146 KB
Pages: 8
Language: EN
Author: Moritz Schröder | urgewald
Total Downloads: 211
Last Updated: 1 week ago

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