‘Five years after the Paris agreement was signed, it continues to pour billions into the coal sector’
As domestic business lobbies push for renewable energy
Japanese bank was hit with climate resolution by environmental non-profit organisation
Mizuho, Mitsubishi UFJ Finanial Group, Citigroup and BNP Paribas lead financiers
Exclusion will include thermal coal, tobacco, chemical, biological and white phosphorus weapons.
Italy’s Generali Group is to increase investments in “green” sectors by €3.5bn by 2020, mainly by ploughing money into bonds that finance environmentally beneficial projects and investing directly in cleaner infrastructure.