CEED published the scorecard, the first comprehensive assessment of its kind in the region, together with the Center for Economic and Law Studies (CELIOS), Energy Shift Southeast Asia, the People’s Coalition for the Rights to Water (KRuHA), RimbaWatch, and Wahana Lingkungan Hidup Indonesia (WALHI).
The report evaluates 35 major banks’ climate policies and fossil fuel financing. It highlights a persistent gap between the sustainability rhetoric of banks. The domestic banks that financed the most downstream coal were from countries with significant operational capacity added after the Paris Agreement: Indonesia, Vietnam, the Philippines, and Malaysia.