Clancy Yeates

Clancy Yeates writes on business specialising in financial services. Clancy is based in our Sydney newsroom.

The big four banks' lending to coal mining is dropping, as lenders run down carbon-intensive exposure.

Big four banks slash lending to coal miners

Australia's big banks have slammed the brakes on project finance lending to expand the coal industry since late 2015, but are still lending billions for other fossil fuels developments, environmental finance group Market Forces says.