[cs_element_section _id="1" ][cs_element_row _id="2" ][cs_element_column _id="3" ][x_image type="none" src="https://www.marketforces.org.au/wp-content/uploads/2019/08/Adani-Abbott-Point-spillage-coal-Dean-Sewell.jpg" alt="" link="false" href="#" title=""...
HSBC bosses spin yet more climate rhetoric on coal finance for developing countries
A full-page ad in the UK’s biggest business newspaper, a protest and plenty of deservedly tough questions. HSBC’s AGM had it all. 15 April 2019 Last Friday marked HSBC’s 2019 annual general meeting (AGM) and a year since the bank shamefully decided to leave the door...
HSBC’s cynical coal policy leaves Bangladesh, Vietnam and Indonesia open for business
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...
WIN! Standard Chartered rules out new coal…. everywhere!
[cs_element_section _id="1" ][cs_element_row _id="2" ][cs_element_column _id="3" ]25 September 2018 Standard Chartered bank today updated its policy on lending to power generation, ruling out new coal power plants anywhere in the world. It...
Keeping Euros out of dirty coal in Australia
5 May 2014 If we’re going to stop new dirty coal projects getting funded, we need to work both in Australia and internationally. Market Forces is in Europe where, over the next couple of weeks, several banks that are key to new coal export projects in Australia are...