New coal projects funded by global banks to cause long-term global impact

New coal projects funded by global banks to cause long-term global impact

Recent research indicates that global power generation must rapidly decarbonize by 2050 to stabilize global warming below 2⁰C by 2100. However, the investments that multilateral banks such as the Industrial and Commercial Bank of China, Bank of China and China CITIC bank continue to make today will make it hard for us to meet these goals.

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