China Merchants Bank financing of leading global coal power companies reached 3.98 billion U.S. dollars in 2021 alone. Ping AN, China Citic Bank, and Bank of China followed behind, which indicates a close relationship between Chinese banks and the coal industry.
Financing of coal power companies by selected banks worldwide in 2021 (in million U.S. dollars)
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Rainforest Action Network. (April 5, 2022). Financing of coal power companies by selected banks worldwide in 2021 (in million U.S. dollars) [Graph]. In Statista. Retrieved June 10, 2024, from https://internal.statista.com/statistics/1094955/global-funding-coal-power-bank/
Rainforest Action Network. "Financing of coal power companies by selected banks worldwide in 2021 (in million U.S. dollars)." Chart. April 5, 2022. Statista. Accessed June 10, 2024. https://internal.statista.com/statistics/1094955/global-funding-coal-power-bank/
Rainforest Action Network. (2022). Financing of coal power companies by selected banks worldwide in 2021 (in million U.S. dollars). Statista. Statista Inc.. Accessed: June 10, 2024. https://internal.statista.com/statistics/1094955/global-funding-coal-power-bank/
Rainforest Action Network. "Financing of Coal Power Companies by Selected Banks Worldwide in 2021 (in Million U.S. Dollars)." Statista, Statista Inc., 5 Apr 2022, https://internal.statista.com/statistics/1094955/global-funding-coal-power-bank/
Rainforest Action Network, Financing of coal power companies by selected banks worldwide in 2021 (in million U.S. dollars) Statista, https://internal.statista.com/statistics/1094955/global-funding-coal-power-bank/ (last visited June 10, 2024)
Financing of coal power companies by selected banks worldwide in 2021 (in million U.S. dollars) [Graph], Rainforest Action Network, April 5, 2022. [Online]. Available: https://internal.statista.com/statistics/1094955/global-funding-coal-power-bank/