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UK banks 'leading funders' of Indonesia coal mining
The report claims that 83% of coal produced in Indonesia’s top coal province on the island of Borneo is mined by companies part-financed by UK banks. Indonesia currently exports about 77% cent of its coal, mostly to other East Asian countries but Europe’s share of Indonesian coal exports has fallen from 14.9% in 2006 to around 5% in 2011.
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