Group 1 - Global banks have invested over $385 billion in the coal power industry over the past three years, with an increase in funding flow in 2023 compared to the previous year [1] - Despite commitments made at COP26 to decarbonize investment portfolios, there has been no significant change in funding direction towards coal [1] - Coal remains a major source of global electricity production, contributing to over two-thirds of the total, and continued operation of coal power plants could lead to exceeding the 1.5°C target set by the Paris Agreement [1] Group 2 - Chinese banks are the largest providers of financing for coal-related projects, investing nearly $250 billion from 2022 to 2024, followed by major U.S. banks like Bank of America, JPMorgan Chase, and Citigroup [2] - Jefferies Financial Group has seen the largest increase in coal industry investment, with funding growing nearly 400% over three years [2] - Some banks have relaxed restrictions on coal financing, with Bank of America no longer committing to refrain from financing new thermal coal mines as of the end of 2023 [2] Group 3 - Only 24 out of the 99 largest global banks have plans to phase out coal financing by 2040, with many plans focusing solely on coal for power generation and neglecting metallurgical coal [3] - The number of institutions willing to finance Pembroke Resources' Olive Downs metallurgical coal project has decreased from about 20 to around 3 between 2020 and 2022, but this trend is beginning to reverse [3] - The reevaluation of coal financing by institutions indicates a more complex understanding of the coal industry's role in energy transition [3]
全球银行煤炭融资逆势增长:COP26承诺落空 三年投入超3850亿美元
智通财经网·2025-07-08 06:56