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Coal plants are still getting financed, despite pledges otherwise

Volts

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Are There Countries and Financial Institutions With Strong Project Finance Policies?

Mitsubishi is one of the world's biggest coal producers, but it's just a minor part of their overall business. The trend definitely between 10 and 5 years ago was very much about getting project finance policies. And now it is much more about getting corporate finance policies. But it's very instructive. You look at those 42 financial institutions. They're almost all French and they're all European,. apart from Desjardins in Canada - which is a Bermuda-based insurer.

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