politics

Bank of England to Cease Accepting Coal-Linked Bonds for Loans

19 Temmuz 2026The Guardian

The Bank of England has announced it will no longer accept bonds linked to thermal coal for key loan arrangements, a decision that climate campaigners are celebrating as a significant victory. This ban, effective from October, aims to reduce financial support for one of the most polluting industries.
The move is seen as part of a broader effort to address climate change and pressure commercial banks to reconsider their investments in fossil fuels.
Thermal coal has long been a focal point for climate activists due to its significant contribution to greenhouse gas emissions. The Bank of England's ban is part of a larger trend among central banks and financial institutions to integrate sustainability into their lending practices.
The Bank of England's decision to stop accepting coal-linked bonds reflects a growing recognition of the financial risks associated with fossil fuel investments. This policy shift not only aligns with global climate goals but also signals to the financial sector that the era of fossil fuel financing is coming to an…

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This article is for informational purposes only and does not constitute financial advice.