Barclays Plc Announces Plans to Stop Direct Financing of New Oil and Gas Projects, Expanding Restrictions on Fossil Fuel Industry
Barclays Plc plans to stop direct financing of new oil and gas projects, as the British bank expands the scope of assets that will find it harder to access capital in the future. The plan involves restrictions on new and non-diversified oil and gas customers participating in the expansion, according to an emailed statement. Barclays … Read more