Major banks involved in founding the Net-Zero Banking Alliance continued financing coal, Urgewald reports. Around half of members engaged in coal financing increased it between 2022 and 2025.
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Big banks behind “net zero” alliance continued lending to coal firms
Urgewald data show continued coal financing by banks behind the Net-Zero Banking Alliance.
Major banks involved in founding the Net-Zero Banking Alliance continued financing coal, Urgewald reports. Around half of members engaged in coal financing increased it between 2022 and 2025.
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