HSBC to stop funding coal-fired power

GLOBAL financial giant HSBC will stop providing financing for new coal-fired power plants as part of its efforts to support a transition to a low-carbon economy.

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HSBC to stop funding coal-fired power HSBC to stop funding coal-fired power HSBC to stop funding coal-fired power HSBC to stop funding coal-fired power HSBC to stop funding coal-fired power

HSBC will no longer fund coal fired power.

The move, announced in the bank's latest update of its energy policy, would apply globally except for three countries where projects might be given specific dispensation if no reasonable energy

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