🇮🇳 In Odisha, India, commercial banks are gearing up to support a new steel plant powered by 'captive #coal'.
Many multilateral development banks have still not ruled out funding for #CaptiveCoal, despite its clear climate impacts.
p34🔖 https://bankingonclimatechaos.org/banking-on-climate-chaos-2025-report
Many multilateral development banks have still not ruled out funding for #CaptiveCoal, despite its clear climate impacts.
p34🔖 https://bankingonclimatechaos.org/banking-on-climate-chaos-2025-report
Comments
They must do more to ensure that client banks are transparent, accountable and not funding fossils 🏭
More info: https://re-course.org/financial-intermediaries/
#BOCC #SB62 #MDBs