Finance Firms Push To Close Coal Power Plants In Asia


Source: finance-monthly.com finance-monthly.com

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Something For the Weekend Finance Firms Push To Close Coal Power Plants In Asia Some of the largest financial institutions in the world are pushing for the speedy closure of coal-fired power plants in Asia. The initiative, developed by British insurance company Prudential, is being driven by the Asian Development Bank (ADB) which is aiming to have the plan ready for the COP26 climate conference in November this year. The initiative will also involve major banks Citi and HSBC . Amid the rising pressures of the climate crisis , the plan aims to tackle the largest man-made source of carbon...