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MINTClimate Home NewsOct 2, 2026

Big banks behind ‘net zero’ alliance continued lending to coal firms

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Final score
-4.57
Confidence
8/10
Amount
6.8M CBWD

AI justification

Banks' continued coal lending enables high emissions and violates climate commitments, justifying MINT. | The continuation of coal financing by banks nominally committed to net-zero goals represents a significant ethical failure. It directly contradicts climate action (SDG 13) and clean energy transitions (SDG 7), while violating the right to a healthy environment under UDHR Article 3. The magnitude of harm is high due to the scale of financing and its role in perpetuating fossil fuel dependence