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★ — Net worth (published estimate)
Event date · —
Posted · · Firings
Poster · @guardian (The Guardian)
Synopsis
Barclays faces complaint over backing for power plant near world’s largest mangrove forest — Bangladeshi complainants allege Rampal power station’s pollution and climate risks threaten the Sunderbans, a world heritage site Barclays Bank is facing a formal complaint over its financial links to a coal-fired power station near the Sundarbans, the world’s largest mangrove forest and home to millions of people in Bangladesh and India. Three complainants from the region have submitted a case to the UK government’s Office for Responsible Business Conduct, alleging that the British bank breached international guidelines by underwriting companies involved in the emission-heavy Maitree super thermal power project, also known as the Rampal power plant. Continue reading...