A review completed by the Integrated Environmental Authorization (AAI) for the thermal plant that was agreed to by the Environmental Commission of the Balearic Islands contradicts regulations, alleges the environmental organization. The International Institute for Law and the Environment (IIDMA) has filed a lawsuit before the Contentious-Administrative Chamber of the High Court of Justice for …
BBVA and Banco Santander’s new commitments regarding thermal coal is a step in the right direction, but it is imperative they stop financing other fossil fuel projects that are incompatible with the Paris Agreement. Madrid, November 11, 2021 – Decarbonizing the economy is an essential step towards limiting the increasing of our global temperature to …
Spanish banks must urgently stop financing oil and gas projects Read More »
– MAPFRE, Spain’s leading insurer has gained popularity by limiting its support for the coal industry, but needs to show more ambition with respect to oil and gas.
For IIDMA, it is a priority to ensure that combined cycle gas plants operate in line with the requirements of current environmental legislation.
One day before its online Annual General Meeting, a group of four environmental organisations has urged Banco Santander to strengthen its commitment to help fight the climate crisis, by committing to end its financing of the fossil fuel industry.
