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World Bank documents show that about 750,000 people a year die from pollution-related causes in China. The Chinese government had the bank suppress that segment of a report on the country because it may have caused social unrest.
China also successfully pushed for the removal of a detailed map showing which parts of the country suffered the most deaths, the newspaper said.
“The World Bank was told that it could not publish this information. It was too sensitive and could cause social unrest,” the Financial Times quoted one adviser to the study as saying.
China’s launch of the “green-credit policy” has led to crucial bank loans to 12 major polluting businesses being recalled, suspended or rejected.
Halifax, a UK high street bank becomes the first European financial institution to carbon label its Web Saver account, which emits an average of 204g of GHGs a year. They are committed to reducing these emissions within 2 years.