theguardian.com

Complaint alleges Barclays backed coal plant near Bangladesh mangroves

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Sig2.95Sen-5.40Env-5.65Soc-4.10Gov-5.95

Barclays Bank faces a formal complaint to the UK Office for Responsible Business Conduct over alleged financing links to the Maitree/Rampal coal power project near the Sundarbans mangrove forest. Three complainants claim Barclays underwrote bond issues supporting the project without sufficient due diligence on environmental and human-rights risks, while other banks reportedly refused support over expected harms.

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