Teal blue background, white text which says "How strong are MDBs’ ‘no coal’ policies? Our comparison of coal exclusion policies and commitments by development finance institutions found the World Bank Group and ADB lacking". White arrow pointing to screenshots of two briefing covers. Recourse white logo in bottom left corner on blue background.

🪨 Compared to other development finance institutions, the World Bank, IFC, and ADB coal exclusion policies are not up to scratch

It's time for these public banks to make good on their commitments to #EndCoalFinance

Our recommendations: re-course.org/newsupdates/... #WBGMeetings #coal @adb.org

Teal blue background, white text which says "How strong are MDBs’ ‘no coal’ policies? Our comparison of coal exclusion policies and commitments by development finance institutions found the World Bank Group and ADB lacking". White arrow pointing to screenshots of two briefing covers. Recourse white logo in bottom left corner on blue background.

It's time to cut out #coal for good 🏭✊

Despite making commitments to stop funding coal-related projects, the World Bank Group and @adb.org do not have robust, comprehensive and enforceable coal exclusion policies.

Find out more: re-course.org/newsupdates/...

#EndCoalFinance #WBGmeetings
🧵

Indonesian communities file complaints against Australian and Japanese banks supporting coal company PLN Indonesian communities, together with civil society groups Trend Asia, Apel Green Aceh, LBH Padang, BankTrack, and Ekō, today launched complaints against Australian bank ANZ and Japanese banks…

Indonesian communities and civil society groups have filed complaints against major banks—Australia's ANZ and Japan’s SMBC, Mizuho, and MUFG—for financing coal expansion by state utility PLN.
#ClimateJustice #EndCoalFinance #HumanRights

End Coal Finance Banks must end coal finance now, yet 44 new coal power projects in Asia are still set for financing.

While JSW Steel hasn’t raised project finance, the #EndCoalFinance coalition has identified State Bank of India, CTBC Bank, DBS, & Mizuho Financial as most likely to provide finance. endcoalfinance.org

🚨 Our latest research from @re-course.org on how IFC is financing environmental and social harms in Vietnam 👇

#StopFundingFossils #EndCoalFinance

💡 It’s time to hold Adaro and its financiers accountable and demand a true commitment to a just energy transition and a fossil-free future. #EndCoalFinance #ClimateAction

🌡️ As the climate crisis deepens, banks must stop financing coal. Real climate action means cutting ties with all fossil fuel projects and companies—not backing companies using greenwashing tactics to stay profitable. #EndCoalFinance

Adaro’s coal spin-off: growing a climate conscience or simple greenwashing? Adaro Energy Indonesia is feeling the pressure of the energy transition. Its recent plan to divest its thermal coal arm through a public offering indicates a growing struggle to finance its…

🚨 𝗔𝗱𝗮𝗿𝗼’𝘀 𝗖𝗼𝗮𝗹 𝗦𝗽𝗶𝗻-𝗼𝗳𝗳: 𝗖𝗹𝗶𝗺𝗮𝘁𝗲 𝗖𝗼𝗻𝘀𝗰𝗶𝗲𝗻𝗰𝗲 𝗼𝗿 𝗚𝗿𝗲𝗲𝗻𝘄𝗮𝘀𝗵𝗶𝗻𝗴? 🚨
#AdaroEnergy is feeling the pressure of the energy transition and it’s selling its thermal coal business: but is this real climate action or just a smokescreen? Let’s break it down. #EndCoalFinance #Greenwashing

End Coal Finance Banks must end coal finance now, yet 44 new coal power projects in Asia are still set for financing.

🚨 We’re excited to launch EndCoalFinance.org — a new platform to track and expose the banks likely to finance a new wave of coal expansion in Asia. It’s time to hold them accountable and #EndCoalFinance, NOW! 🌍💪

Adani’s bond withdrawal is a warning investors can’t ignore - Toxic Bonds The recent withdrawal of Adani Green’s planned $1.2 billion USD bond issuance is more than a reaction to market conditions – it’s a powerful signal that investor trust in Adani is eroding beyond repai...

#AdaniGreen $1.2B bond withdrawal exposes the risks of financing fossil fuel giants with dreadful human rights and environmental records.

We are celebrating this as $1.2 billion less in financing for one of the largest coal companies in the world. #EndCoalFinance #StopAdani

BREAKING: For the first time ever, @Urgewald and partners have just published the full list of global coal financiers. 🇺🇸🇨🇳🇯🇵🇬🇧🇨🇦Here are some nuggets from this brilliant treasure trove of information. 🧵 #EndCoalFinance http://www.coalexit.org/finance-data

Il est temps d’agir, @fhollande. Dites-non aux soutiens à l’export #charbon à l’@OECD! #endcoalfinance

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.@montebourg soyez leader à l’ @OECD sur le #climat. Stoppez les soutiens à l‘export au #charbon! #endcoalfinance

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Coal is NOT sustainable. @RoyalSegolene: end export credit agency finance & guarantees for #coal! #endcoalfinance

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.@montebourg: Lead @OECD on #climate. Ban export credit agency financing & guaranteeing for #coal! #endcoalfinance

Time to stand up, @fhollande. Say no #coal finance & guarantees through export credit agencies @OECD! #endcoalfinance

Renewables are 15 times cleaner than the “cleanest” coal. Time to put an end to export credits and guarantees for #coal! #endcoalfinance

End Coal Financing | www.eca-watch.org Starting Monday, June 16, 2014 governments in the Organization for Economic Cooperation and Development (OECD) will meet to discuss financing through their Export Credit Agencies – public agencies that fund or guarantee private corporations from their home country to invest or export overseas. These governments have the opportunity to end Export Credit Agency financing for coal – a key part of the larger effort to end public financing for fossil fuels and high carbon projects. Between 2007 and 2013 national Export Credit Agencies from OECD countries provided at least $32 billion for coal projects abroad – over 60 percent of total public support for coal over this period! Civil society organizations around the world are coming together on Wednesday, June 11 to tell governments to #EndCoalFinance. Here's what you can do to help:

#Coal is not clean. @OECD @EU_Commission @EUClimateAction say no to export credits& guarantees 4 coal #endcoalfinance

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End Coal Financing | www.eca-watch.org Starting Monday, June 16, 2014 governments in the Organization for Economic Cooperation and Development (OECD) will meet to discuss financing through their Export Credit Agencies – public agencies that fund or guarantee private corporations from their home country to invest or export overseas. These governments have the opportunity to end Export Credit Agency financing for coal – a key part of the larger effort to end public financing for fossil fuels and high carbon projects. Between 2007 and 2013 national Export Credit Agencies from OECD countries provided at least $32 billion for coal projects abroad – over 60 percent of total public support for coal over this period! Civil society organizations around the world are coming together on Wednesday, June 11 to tell governments to #EndCoalFinance. Here's what you can do to help:

Time for @OECD to stop exporting #climate chaos. Say no to export credits and guarantees for #coal! #endcoalfinance

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Coal won’t solve the poor’s energy access needs. Time to put a ban on export credits and guarantees for #coal in @OECD! #endcoalfinance

Except for the US, no other Export Credit Agency in the world has yet to commit to #EndCoalFinance. This can change:

huff.to/1l17yiz

"Illogical": @OECD countries acting on #climatechange at home while paying for coal power in others. #EndCoalFinance

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"...The use of coal is a main driver of climate change & its impacts on people, especially the poor.” -@pandaclimate #EndCoalFinance

Who's using public money to export climate problems & why next week can change it all:@pandaclimate #EndCoalFinance

huff.to/1l17yiz

Renewables are 15x cleaner than the “cleanest” coal. @OECD can do better: Put an end to export credits & #coal guarantees. #endcoalfinance

The world is watching for @OECD countries to step up on #climatechange & #EndCoalFinance. Here's why:#seizeyourpower

bit.ly/1hJSyFs