Indonesian banks ordered to stop all lending to coal-mining projects in East Kalimantan

The Indonesian mining industry was dealt a double blow last week, a new Indonesian Coal Market Briefing from Greenpeace details. On Monday 15 February Indonesia’s Corruption Eradication Commission announced that local authorities revoked 721 mining permits in 12 provinces – 478 of which are coal-mining permits. Two days later, the Financial Services Authority (OJK) ordered […]