EU: Experts threaten to quit over new EU 'green finance' rules - by Elena Sánchez Nicolás

Nine members of the expert group advising the European Commission on sustainable finance rules have threatened to step down if Brussels continues to uphold rules they see as "a clear contradiction to climate science".

The taxonomy classification system was designed to address so-called greenwashing in financial markets - but the experts now fear that it might end up becoming a "greenwashing tool" itse

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EU Low Carbon Energy - Coal: HSBC pulls the plug on coal as a viable source of - Cecilia Jamasmie

HSBC has joined an increasing list of large banks by announcing Friday it would not longer finance coal-fired plants, oil sands and arctic drilling

The move, announced by Europe’s largest bank at its annual meeting as part of its new energy policy, seeks to head off criticism from investors who want the institution’s actions to be aligned with the Paris

Agreement, a global pact to limit greenhouse gas emissions and curb rising temperatures.

Daniel Klier, HSBC’s sustainability boss, said the decision reflected the bank’s ambition to help its customers make the transition to a low-carbon economy.

Read more: HSBC pulls the plug on coal | MINING.com