Some of the world's major investment banks have provided the leading coal mining companies with billions of dollars in finance since 2016. Of these banks, Industrial Bank had provided 19.1 billion U.S. dollars. However, their investment has decreased over the years , dropping from 4.05 billion U.S. dollars in 2017 to 1.6 billion in 2021. Some of the biggest investors in coal mining companies are based in China, where
almost 51 percent of global coal production occurred in 2020.
Leading investment banks for coal mining companies from 2016 to 2021
(in billion U.S. dollars)
Characteristic
2016
2017
2018
2019
2020
2021
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Rainforest Action Network. (April 5, 2022). Leading investment banks for coal mining companies from 2016 to 2021 (in billion U.S. dollars) [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/1130429/top-bankers-for-coal-power-mining-globally/
Rainforest Action Network. "Leading investment banks for coal mining companies from 2016 to 2021 (in billion U.S. dollars)." Chart. April 5, 2022. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/1130429/top-bankers-for-coal-power-mining-globally/
Rainforest Action Network. (2022). Leading investment banks for coal mining companies from 2016 to 2021 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/1130429/top-bankers-for-coal-power-mining-globally/
Rainforest Action Network. "Leading Investment Banks for Coal Mining Companies from 2016 to 2021 (in Billion U.S. Dollars)." Statista, Statista Inc., 5 Apr 2022, https://www.statista.com/statistics/1130429/top-bankers-for-coal-power-mining-globally/
Rainforest Action Network, Leading investment banks for coal mining companies from 2016 to 2021 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1130429/top-bankers-for-coal-power-mining-globally/ (last visited July 22, 2024)
Leading investment banks for coal mining companies from 2016 to 2021 (in billion U.S. dollars) [Graph], Rainforest Action Network, April 5, 2022. [Online]. Available: https://www.statista.com/statistics/1130429/top-bankers-for-coal-power-mining-globally/