by Bernadette Maheandiran | May 10, 2019 | Coal, Indonesia, News, Shareholder action at AGMs, Vietnam
Credit: Pexel Photos 10 May 2019 Yesterday in New York at General Electric’s (GE) annual general meeting, (AGM) shareholders called out their CEO, H. Lawrence Culp Jr., for GE’s role in constructing new coal-fired power stations around the world, jeopardizing...
by Julien Vincent | Apr 19, 2019 | Banks, Media releases, News, Vietnam
19 April 2019 The decision by the Japan Bank for International Cooperation (JBIC) and a consortium of commercial banks to finance the proposed Van Phong 1 coal-fired power station in Vietnam has been branded as shameless and cowardly by clean energy advocates. JBIC...
by Julien Vincent | Apr 18, 2019 | Banks, Coal, Feature, Indonesia, News, Vietnam
18 April 2019 This week saw Singapore’s two biggest banks -Oversea-Chinese Banking Corporation (OCBC) and DBS – commit to an endpoint for their lending to new coal power plants. On Monday, OCBC CEO Samuel Tsien told media: “We won’t do any new...
by Julien Vincent | Apr 18, 2019 | Banks, Coal, Indonesia, Media releases, News, Vietnam
18 April 2019 Responding to the news that OCBC and DBS have, within two days of each other, signalled an end point to financing new coal power stations, Market Forces Executive Director Julien Vincent said: “This week was a major game-changer for energy finance...
by Bernadette Maheandiran | Apr 17, 2019 | Banks, Coal, Media releases, News, Vietnam
17 April 2018 OCBC’s chief executive officer Samuel Tsien said in an interview earlier this week that OCBC will not fund any more new coal – but will remain in two projects in Vietnam. Subscription news sources suggest these projects are Van Phong 1 and...
by Julien Vincent | Jan 23, 2019 | Banks, Coal, Feature, News, Research, Vietnam
Håkan Dahlström, CC BY 2.0 HSBC’s coal power policy, released at its April 2018 AGM, boldly states it will not finance new coal-fired power plants, with some exceptions. It will still finance projects in Bangladesh, Vietnam and Indonesia, with further limits on the...
