China Citic Bank financed leading global coal mining companies to the tune of 2.9 billion U.S. dollars in 2022 alone. Two other Chinese banks, China Everbright Bank and Industrial Bank, followed behind, as their funding of the world's coal industry reached 1.87 billion U.S. dollars, and 1.39 billion U.S. dollars, respectively.
Financing of coal mining companies by selected banks worldwide in 2022
(in million U.S. dollars)
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Rainforest Action Network. (August 14, 2023). Financing of coal mining companies by selected banks worldwide in 2022 (in million U.S. dollars) [Graph]. In Statista. Retrieved June 30, 2024, from https://www.statista.com/statistics/1093925/global-funding-coal-mining-bank/
Rainforest Action Network. "Financing of coal mining companies by selected banks worldwide in 2022 (in million U.S. dollars)." Chart. August 14, 2023. Statista. Accessed June 30, 2024. https://www.statista.com/statistics/1093925/global-funding-coal-mining-bank/
Rainforest Action Network. (2023). Financing of coal mining companies by selected banks worldwide in 2022 (in million U.S. dollars). Statista. Statista Inc.. Accessed: June 30, 2024. https://www.statista.com/statistics/1093925/global-funding-coal-mining-bank/
Rainforest Action Network. "Financing of Coal Mining Companies by Selected Banks Worldwide in 2022 (in Million U.S. Dollars)." Statista, Statista Inc., 14 Aug 2023, https://www.statista.com/statistics/1093925/global-funding-coal-mining-bank/
Rainforest Action Network, Financing of coal mining companies by selected banks worldwide in 2022 (in million U.S. dollars) Statista, https://www.statista.com/statistics/1093925/global-funding-coal-mining-bank/ (last visited June 30, 2024)
Financing of coal mining companies by selected banks worldwide in 2022 (in million U.S. dollars) [Graph], Rainforest Action Network, August 14, 2023. [Online]. Available: https://www.statista.com/statistics/1093925/global-funding-coal-mining-bank/