S.Africa’s banks say they can’t cut off funding for coal just yet
South African banks say they have to keep funding at least some coal projects for now because an immediate halt would put huge political and economic strains on a nation that relies on the most polluting of fossil fuels. The top four banks have started to withdraw financing, with Nedbank NEDJ.J and FirstRand FSRJ.J setting … Continue reading S.Africa’s banks say they can’t cut off funding for coal just yet
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