fossil fuels

Asian banks hide behind a coal funding smokescreen 

By Ginanjar Ariyasuta, Indonesia Energy Finance Campaigner, Market Forces Pick up any major Southeast Asian bank's sustainability report and you will find a coal funding commitment. The language is confident. The dates are specific. But banks from Jakarta to Kuala...

Australia’s big banks face big climate decisions

By Will van de Pol, Chief Executive, Market Forces AS LIBERAL MEMBERS squabble after formally rejecting the scientific and economic imperative to reach net zero greenhouse gas emissions, a division is also starting to open up among the nation’s largest banks....

NZBA waters down ambition amid worsening outlook

This week the United Nations-convened Net Zero Banking Alliance (NZBA) overwhelmingly voted in favour of abandoning its commitment to “transition all…attributable GHG emissions from our lending and investment portfolios to align with pathways to net-zero by...