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Bank of England to stop accepting bonds linked to coal for key loans
The Bank of England has announced a ban on bonds linked to thermal coal for key loans, targeting one of the world's most polluting industries. This policy, effective in October, is expected to pressure commercial banks to reconsider their c...
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The Bank of England has announced a ban on bonds linked to thermal coal for key loans, targeting one of the world's most polluting industries. This policy, effective in October, is expected to pressure commercial banks to reconsider their coal investments as part of a broader shift towards greener energy.
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#news #breaking #BankOfEngland #coal #greenenergy #sustainability #climatechange
Originally reported by The Guardian.
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