• JP Morgan Chase to stop project finance for new coal projects

    08 March 2016

    JP 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.

  • Banks too slow to curb coal financing, say NGOs

    05 May 2015

    Global 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.