J.P.Morgan Moves to Divest From Coal

J.P.Morgan Moves to Divest From Coal l The Christian Science Monitor

By: Bamzi Banchiri, March 8th, 2016

  • JPMorgan Chase is scaling back on financing new coal projects in advanced economies, in an effort to reduce global warming, the multinational banking firm announced Monday. The company's move is part of a broader divestment campaign led by environmental groups looking to move the global economy beyond fossil fuels.