Barclays faces complaint over backing for power plant near world’s largest mangrove forest
Bangladeshi complainants allege Rampal power station’s pollution and climate risks threaten the Sunderbans, a world heritage site Barclays Bank is facing a formal complaint over its financial links to a coal-fired power station near the Sundarbans, the world’s largest mangrove forest and home to millions of people in Bangladesh and India.
Three complainants from the region have submitted a case to the UK government’s Office for Responsible Business Conduct, alleging that the British bank breached international guidelines by underwriting companies involved in the emission-heavy Maitree super thermal power project, also known as the Rampal power plant.
Continue reading...
5News aggregated this summary from the outlet’s public feed. The full article, with all the context, is on www.theguardian.com — the content belongs to The Guardian Business.