China Citic Bank financed leading global thermal coal mining companies to the tune of 7.6 billion U.S. dollars in 2023 alone. Two other Chinese banks, China Merchants Bank and Shanghai Pudong Development Bank, followed behind, as their funding of the world's coal industry reached 3.78 billion U.S. dollars, and 3.34 billion U.S. dollars, respectively.
Financing of thermal coal mining companies by selected banks worldwide in 2023
(in million U.S. dollars)
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Rainforest Action Network. (July 11, 2024). Financing of thermal coal mining companies by selected banks worldwide in 2023 (in million U.S. dollars) [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/1093925/global-funding-coal-mining-bank/
Rainforest Action Network. "Financing of thermal coal mining companies by selected banks worldwide in 2023 (in million U.S. dollars)." Chart. July 11, 2024. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/1093925/global-funding-coal-mining-bank/
Rainforest Action Network. (2024). Financing of thermal coal mining companies by selected banks worldwide in 2023 (in million U.S. dollars). Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/1093925/global-funding-coal-mining-bank/
Rainforest Action Network. "Financing of Thermal Coal Mining Companies by Selected Banks Worldwide in 2023 (in Million U.S. Dollars)." Statista, Statista Inc., 11 Jul 2024, https://www.statista.com/statistics/1093925/global-funding-coal-mining-bank/
Rainforest Action Network, Financing of thermal coal mining companies by selected banks worldwide in 2023 (in million U.S. dollars) Statista, https://www.statista.com/statistics/1093925/global-funding-coal-mining-bank/ (last visited December 22, 2024)
Financing of thermal coal mining 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/1093925/global-funding-coal-mining-bank/
