Mining giant BHP Billiton may reconsidering its push into coal mining in Borneo, depending on the what comes out of the Indonesian government ongoing review of the sector’s regulations.
SaskPower’s flagship coal-fired Boundary Dam Carbon Capture and Storage (CCS) plant (in which BHP Billiton is involved) in Canada is in deep, deep trouble. The plant doesn’t work as planned, is losing lots of money and publicly-owned utility SaskPower is mired in legal claims and counter-claims.
Civil society organisations from across the globe are highly critical of an international oceans conference to be held in Singapore this week. Mis-named the Sustainable Ocean Summit, the conference is touted as providing a platform to advance industry-driven solutions to ocean sustainability challenges.
A group of 88 NGOs, charities and academic bodies, including LMN, has penned an open letter to the board of the GCF, claiming that the accreditation of the two banks, which is currently being considered, would “pose serious reputational and moral risk to the GCF”.