Deutsche Bank to End Lending for Coal Mining by 2025

Would not finance projects in the oil and gas sector that use hydraulic fracturing in countries with scarce water supplies, new projects in the Arctic region, and new oil sand projects

August 10, 2020

/ Rakesh Ranjan

/ Finance and M&A, Other

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The Deutsche Bank has tightened its ‘Fossil Fuels Policy,’ which provides for a stricter framework when dealing with business activities involving coal, oil, and gas.

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Rakesh Ranjan

More articles from Rakesh Ranjan.

coal-powered projectsDeutsche BankEIBfossil fuelsJP Morgan ChaseSMFG

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