Anthropocene Fixed Income Institute

In recent investor communications, State Bank of India (SBI) is leveraging the credibility of multilateral institutions like KfW, World Bank and EIB to detract from its potential Carmichael coal mine development loan. We believe those institutions, and KfW in particular (with over USD1bn in credit lines), have a duty to distance themselves from being part of such marketing efforts.

( 5 Feb 2021)