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IN FRAMES: Asia-wide Rally Against Coal Projects

The latest evidence shows that the world’s largest banks based in developed countries continue to provide finance for coal projects, from fossil fuel subsidies to public financing and private investments.

The Samar Chronicle by The Samar Chronicle
September 14, 2024
in Environment
Reading Time: 1 min read
IN FRAMES: Asia-wide Rally Against Coal Projects

Filipino environmental advocates and multisectoral groups joined more than 200 organizations in Asia demanding decisive steps to end the expansion of coal in their respective countries, specifically a permanent ban on new coal plants and an immediate stop to direct and indirect public and private financing of new coal.

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They also call for a rapid and just phase-out of existing coal to be completed by 2035.

Photos by Elmer Valenzuela

Tags: ClimateCoalFossil
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Samar Chronicle is an independent news outfit in Samar, Philippines committed to fearless, truthful, and responsible journalism. Operating under Samar Chronicle Publishing Services, SC is a self-sustaining media start-up powered by commercial advertisements, occasional private and government notices, and grants.

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