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Circular economy business models held back by lack of access to finance

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Banks are interested but funding is limited, crowdfunding welcomes the environmental benefits but has less cash and venture capitalists worry about risk

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Bankrolling Climate Change: New Study Ranks Top 20 Financiers of Coal Industry

Durban – Four NGOs – the German environment organization urgewald, the South African social and environmental justice organizations groundWork and Earthlife Africa Johannesburg, and the international network BankTrack – presented new research on the portfolios of the world’s leading banks. The study “Bankrolling Climate Change” examines commercial banks’ lending for the coal industry and provides the first comprehensive climate ranking for financial institutions.

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