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JP Morgan Chase to stop project finance for new coal projects
08 March 2016JP Morgan Chase will no longer provide project finance for new coal-fired power plants in "high income OECD countries" or for any new 'greenfield' coal mines.
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Banks too slow to curb coal financing, say NGOs
05 May 2015Global financing for coal mining and coal-fired power generation remained unchanged last year at about $144 billion, despite the financial distress of leading coal miners and many banks increasing their support for renewable energy.