Institute for Energy Economics & Financial Analysis: 200 and Counting - Global Financial Institutions Committed to Coal Divestment Has Doubled in Three Years
May 05, 2023
May 05, 2023
CLEVELAND, Ohio, May 5 (TNSres) -- The Institute for Energy Economics and Financial Analysis issued the following news release:
In its latest report, IEEFA has found that globally significant financial institutions (FIs) are committing to divesting away from coal at a quicker rate as climate change becomes a priority globally. It took almost six years for the first 100 institutions to adopt coal exclusion policies, but since then the number has doubled in just over three years.
In its latest report, IEEFA has found that globally significant financial institutions (FIs) are committing to divesting away from coal at a quicker rate as climate change becomes a priority globally. It took almost six years for the first 100 institutions to adopt coal exclusion policies, but since then the number has doubled in just over three years.