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Following the government bail-out of the banks, public money amounting to billions of pounds has been used to support companies and projects linked to climate change and human rights abuses. For the RBS AGM 2011 we produced a leaflet spoofing their corporate branding with information on RBS investments in tar sands, oil and coal.
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The UK government puts £10 million of its climate finance towards the UN Adaptation Fund, and agrees to give the majority of its funds to the World Bank's climate adaptation fund as grants rather than loans.
The Royal Bank of Scotland commits to developing external environmental, social and ethical risk statements and internally implementing similar policies for oil and gas, mining and metals and forestry and defence.
The EU allocates €40 million to support twinning arrangements between public water utilities in poor regions of Africa, the Caribbean and the Pacific and wealthier European countries.
Following joint campaigning by WDM and other groups and organisations, EON shelves plans for a new coal power station at Kingsnorth in Kent.
