China Citic Bank's financing of leading global coal power companies reached 8.65 billion U.S. dollars in 2023 alone. China Everbright Bank, China Merchants Bank, and Industrial Bank followed behind, which indicates a close relationship between Chinese banks and the coal industry.
Financing of coal power companies by selected banks worldwide in 2023
(in million U.S. dollars)
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Rainforest Action Network. (July 11, 2024). Financing of coal power companies by selected banks worldwide in 2023 (in million U.S. dollars) [Graph]. In Statista. Retrieved January 08, 2025, from https://www.statista.com/statistics/1094955/global-funding-coal-power-bank/
Rainforest Action Network. "Financing of coal power companies by selected banks worldwide in 2023 (in million U.S. dollars)." Chart. July 11, 2024. Statista. Accessed January 08, 2025. https://www.statista.com/statistics/1094955/global-funding-coal-power-bank/
Rainforest Action Network. (2024). Financing of coal power companies by selected banks worldwide in 2023 (in million U.S. dollars). Statista. Statista Inc.. Accessed: January 08, 2025. https://www.statista.com/statistics/1094955/global-funding-coal-power-bank/
Rainforest Action Network. "Financing of Coal Power Companies by Selected Banks Worldwide in 2023 (in Million U.S. Dollars)." Statista, Statista Inc., 11 Jul 2024, https://www.statista.com/statistics/1094955/global-funding-coal-power-bank/
Rainforest Action Network, Financing of coal power companies by selected banks worldwide in 2023 (in million U.S. dollars) Statista, https://www.statista.com/statistics/1094955/global-funding-coal-power-bank/ (last visited January 08, 2025)
Financing of coal power companies by selected banks worldwide in 2023 (in million U.S. dollars) [Graph], Rainforest Action Network, July 11, 2024. [Online]. Available: https://www.statista.com/statistics/1094955/global-funding-coal-power-bank/
