PARIS, 27 November 2019 - French global insurer AXA is putting European coal companies on notice that they should publish coal phase-out plans compatible with the UN Paris climate agreement by 2021, announcing today that it will totally phase out its insurance and investment exposure to coal by 2030 in the EU and OECD countries, and by 2040 everywhere else.
Berlin, 21 May 2019 - Eight financial institutions have handed Europe’s most polluting utilities almost €16 billion in support since the Paris Agreement was signed in December 2015, a new briefing by Europe Beyond Coal and its partners BankTrack, Foundation Development YES – Open-Pit Mines NO, Friends of the Earth France, IIDMA, Re:Common and Urgewald has found.
Essen, 2 May 2019 - German coal giant RWE will be an increasingly bad investment as long as its coal-fired power plants stay in operation, and while its destruction of villages and the Hambach Forest continues, warn Urgewald and Europe Beyond Coal.
With Generali announcing an end to new coal underwriting who will risk underwriting Ostrołęka C coal power plant in Poland?... View Article