Financing the Global Coal Exit List 2021

Commercial banks provided loans and underwriting services worth over US$ 1.5 trillion to companies listed on GCEL2021 (between January 2019 and November 2021). 

Institutional investors held bonds and shares worth over US$ 1.2 trillion in GCEL2021 companies (as reported in November 2021).

For more information, see the full ranking of all banks and investors (ZIP), and our briefing “Who Is Still Financing the Global Coal Industry?”.

The financial research on GCEL 2022 is underway and will be published in Q1 2023.

Below, you can look up these banks and investors and their coal financing or investments. You can also search for a GCEL company and look at the banks and investors behind it.

The investment figures presented are gathered at the group level. Please note that investments might have changed since the data was retrieved from the financial databases. Read the detailed Methodology (PDF) for more information.