JAKARTA — Major coal-fired power plant projects in Indonesia and Bangladesh have effectively been cancelled after the Japanese government, their main funder, recently announced it would stop providing loans to…
JAKARTA — The United Nations has reiterated its concerns over allegations of human rights violations in a mega infrastructure tourism development project on the Indonesian island of Lombok. In light…
JAKARTA — A surge in coal prices is driving a wave of bank loans to miners in Indonesia, the world's fifth-largest coal producer and top exporter. By continuing to finance…
U.S. and European banks are invested in oil extraction that threatens the Amazon biome, and their environmental and social risk (ESR) policies aren’t strong enough to prevent its worst impacts,…
Financial giant JPMorgan Chase has agreed to expand its policies addressing deforestation after pressure from shareholders, led by the investment group Green Century Capital Management. Green Century strategically invests in…
Since the Paris climate agreement was signed in 2016, 300 companies at risk for contributing to deforestation have received at least $153.9 billion in financing, according to a new analysis…
JAKARTA — Activists have called on the Indonesian authorities to probe the finances of the Korindo Group, a privately owned conglomerate, in the wake of an investigation that exposed a $22…
