Trades that send steelmaking coal to be burned in power stations risk undermining pledges on fossil fuels made by financial institutions.
An investigation by The BMJ shows the extent of the fossil fuel industry’s involvement in medical research, leading to fresh calls for academics and publishing companies to cut ties with such companies
www.bmj.com/content/387/...
Citi, Bank of America, and Morgan Stanley have all pulled out of the Net-Zero Banking Alliance this week.
The global alliance, which is backed by the UN, is committed to reducing greenhouse gas emissions.
Goldman Sachs and Wells Fargo also left the group last month.
“Momentum is without question growing… once the negotiations start, it will be a major signal to the fossil fuel industry.” @fossiltreaty.bsky.social president Kumi Naidoo on Pakistan and the Bahamas endorsing our treaty.
www.theguardian.com/environment/...
A new investigation by Bloomberg reveals that banks may be in violation of their thermal coal policies by financing "metallurgical coal" companies (i.e. coal for steelmaking)‼️
www.bloomberg.com/news/article...
Bloomberg News
One of many moments in Omar El Akkad’s new book, “One Day, Everyone Will Have Always Been Against This,” that will stop you in your tracks.
It was a privilege to win ESG Story of the Year with @josephinemoulds.bsky.social
for our reporting @tbij.bsky.social
at the #HMAwards25
Thank you to HeadlineMoney for this recognition of our work on how Barclays Bank classed billions in finance for the fossil fuel industry as ‘sustainable’.
"Globally, 84% of people with disabilities lack a personal preparedness plan for disasters, according to the United Nations, which makes them a very vulnerable group, especially in a contentious region like South Sudan." Uprooter Kang-Chun Cheng for @thexylom.com
thexylom.com/post/as-sout...
The BMJ
BankTrack
Andrew Simon
Corporate actors are shaping the future of the planet arguably more than any single climate summit.
At this #GIJC25 session, veteran environmental reporters offered strategies for unmasking the hidden owners, banks, politicians, and regulators quietly fueling climate change.
More Perfect Union
In the parts of the financial world that have spent the decade since the Paris Agreement trying to curb the most-polluting fossil fuel, there are actually two distinct types of coal — with two very different sets of rules.
“I have always believed that my duty is not only to liberate myself from the oppressor, but also to liberate my oppressors from their hatred and fear.”
Mahmoud Khalil’s words for us all, as he spends the last few days of Ramadan in prison.
www.theguardian.com/commentisfre...
