Adani is planning more new coal than any other private company on Earth.
The Adani Group wants to rebrand itself as a leader on climate change and clean energy in order to access more funds from global banks for its growing empire. But there’s a big problem - Adani are mining, handling, and burning record volumes of coal - the number one driver of the climate crisis. To make matters worse, Adani plans to massively expand its coal operations, not reduce them.
Adani’s rapid coal expansion is being funded by the world’s biggest financial institutions, including Blackrock, JP Morgan Chase, TIAA, MUFG, the State Bank of India, and HSBC.