by Pablo Brait | Apr 11, 2020 | Banks, Feature, News
11 April 2020 As you read this, Westpac is rewriting its climate change policy. And it clearly needs an upgrade. Since the Paris Agreement was reached, Westpac has loaned $5.4 billion to fossil fuels and only $2 billion to renewable energy technology. That means for...
by Julien Vincent | Jul 11, 2019 | Coal, Research, Vietnam
August 2019 Fifty-seven per cent of Vietnam’s planned coal power capacity has faced repeated delay, with postponements to 93% of the projects financed by private, often foreign investors, under the “build-operate-transfer” model. Across the projects,...
by Jack Bertolus | Jan 16, 2019 | Banks, Coal, Feature, Fossil Fuels, Gas, Research
January 2019 Australia’s major banks have been getting back into fossil fuels over the last year, casting doubt on their seriousness in tackling climate change through their investments. This study compares the banks’ reported exposures to fossil fuels and...
by Julien Vincent | Oct 9, 2018 | Banks, Fossil Fuels, News
Market Forces in the media By Julien Vincent, executive director Op-ed in the Business Times, 9 October 2018 THE launch in South Korea on Monday of the Intergovernmental Panel on Climate Change (IPCC) report on avoiding runaway global warming hammered home some stark...
by Will van de Pol | Jul 24, 2017 | Blog, Feature, News
In December 2015, the Paris climate talks saw 195 nations agree to limit global warming to well below 2°C, compared with pre-industrial levels. In the lead up to Paris, ANZ, CommBank, NAB and Westpac all publicly championed the two degree limit, committing to support...
