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Financial Flows


Speeding up and scaling up finance into clean energy and energy efficiency, greening infrastructure, sustaining ecosystems like forests and coral reefs and enabling countries and communities to adapt is essential to staying below 2C degrees. Check out what's happening and how to benefit.

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JPMorgan Chase & Co. became the latest big bank to pull back from coal.

The New York bank will no longer finance new coal mines around the world and will end support for new coal-fired power plants being developed in “high income” countries of the Organisation for Economic Co-operation and Development, JPMorgan said in a policy statement on its Web site.

Read the article on Bloomberg.

Photo credit: Thomas Belknap (Flickr)

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