{"id":234434,"date":"2023-07-10T18:49:27","date_gmt":"2023-07-10T10:49:27","guid":{"rendered":"https:\/\/charltonsnaturalresources.com\/?p=234434"},"modified":"2023-07-19T10:45:18","modified_gmt":"2023-07-19T02:45:18","slug":"uk-major-banks-refuse-to-invest-in-deep-sea-mining-due-to-reputational-and-operational-risks","status":"publish","type":"post","link":"https:\/\/charltonsnaturalresources.com\/zh-hans\/uk-major-banks-refuse-to-invest-in-deep-sea-mining-due-to-reputational-and-operational-risks\/","title":{"rendered":"UK Major Banks Refuse To Invest In Deep-Sea Mining Due To Reputational And Operational Risks"},"content":{"rendered":"[et_pb_section fb_built=&#8221;1&#8243; admin_label=&#8221;CNR NEWSLETTER&#8221; module_class=&#8221;cnl-wrapper&#8221; _builder_version=&#8221;4.16&#8243; locked=&#8221;off&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_row admin_label=&#8221;Header&#8221; module_class=&#8221;cnr-nl-header&#8221; _builder_version=&#8221;4.16&#8243; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.16&#8243; global_colors_info=&#8221;{}&#8221;][et_pb_text admin_label=&#8221;Header&#8221; _builder_version=&#8221;4.16&#8243; global_colors_info=&#8221;{}&#8221;]<div class=\"cnl-header\">\n<div class=\"cnl-type\">NATURAL RESOURCES<\/div>\n<div class=\"cnl-issue\">News<\/div>\n<\/div>[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row admin_label=&#8221;Logo&#8221; _builder_version=&#8221;4.16&#8243; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.16&#8243; global_colors_info=&#8221;{}&#8221;][et_pb_text admin_label=&#8221;Logo&#8221; _builder_version=&#8221;4.16&#8243; global_colors_info=&#8221;{}&#8221;]<div class=\"cnl-logo\">\n<img decoding=\"async\" src=\"\/legal\/newsletters\/cnl_logo.jpg\" alt=\"Charltons Natural Resources\" \/>\n<\/div>[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row admin_label=&#8221;Banner&#8221; _builder_version=&#8221;4.16&#8243; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.16&#8243; global_colors_info=&#8221;{}&#8221;][et_pb_text admin_label=&#8221;Banner&#8221; _builder_version=&#8221;4.21.0&#8243; global_colors_info=&#8221;{}&#8221;]<div class=\"cnl-banner\">\n<div class=\"cnl-banner-image\"><img decoding=\"async\" src=\"\/legal\/news\/2023\/07\/uk-major-banks-refuse-to-invest-in-deep-sea-mining-due-to-reputational-and-operational-risks.jpg\" alt=\"UK Major Banks Refuse To Invest In Deep-Sea Mining Due To Reputational And Operational Risks\" \/><\/div>\n<div class=\"cnl-title\" style=\"background-color:rgba(0,0,0,0.2)\">\n<div>\n<span>7 \u6708 2023<\/span>\n<h1>UK Major Banks Refuse To Invest In Deep-Sea Mining Due To Reputational And Operational Risks<\/h1>\n\n<\/div>\n\n<\/div>[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row admin_label=&#8221;Text&#8221; _builder_version=&#8221;4.16&#8243; _module_preset=&#8221;default&#8221; width=&#8221;100%&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.16&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_text _builder_version=&#8221;4.21.0&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;]<p>&nbsp;<\/p>\n<p>Three major UK banks NatWest, Lloyds, and Standard Chartered have taken a firm stand against investment in deep-sea mining, according to reports by the Blue Marine Foundation and Deep Sea Mining Campaign. Collectively owning $2.9tn in assets, these banks\u2019 decision significantly limits the sector\u2019s access to the country\u2019s capital markets. This stance aligns with a growing trend of tech firms and automakers scrapping their plans to source materials from the sea bed. As countries like France, Germany and New Zealand call for a moratorium or a ban, the UK government is facing increasing pressure to follow suit. Conversely, Norway aims to pioneer deep-sea mining to extract metals for batteries from its seabed, stirring debate over environmental risks.<\/p>\n\n<p>Source: <a href=\"https:\/\/miningdigital.com\/articles\/deep-sea-miners-denied-access-to-uk-capital-markets\" target=\"_blank\" rel=\"noopener\">https:\/\/miningdigital.com\/articles\/deep-sea-miners-denied-access-to-uk-capital-markets<\/a><\/p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row admin_label=&#8221;Button Navs&#8221; _builder_version=&#8221;4.16&#8243; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.16&#8243; global_colors_info=&#8221;{}&#8221;][et_pb_text admin_label=&#8221;navs&#8221; _builder_version=&#8221;4.16&#8243; global_colors_info=&#8221;{}&#8221;]<div class=\"cnl-bott-navs\">\n<div><span><\/span><a href=\"https:\/\/charltonsnaturalresources.com\/zh-hans\/mexico-chamber-of-mines-warns-the-strike-at-penasquito-could-impede-the-countrys-mining-sector\/\" target=\"_self\">Mexico Chamber Of Mines Warns The Strike At Pe\u00f1asquito Could Impede The Country\u2019s Mining Sector<\/a><\/div>\n<div><a href=\"https:\/\/charltonsnaturalresources.com\/zh-hans\/andrada-mining-hits-record-tin-production\/\" target=\"_self\">Andrada Mining Hits Record Tin Production<\/a><span><\/span><\/div>\n<\/div>[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row admin_label=&#8221;Legal Advice&#8221; _builder_version=&#8221;4.16&#8243; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.16&#8243; global_colors_info=&#8221;{}&#8221;][et_pb_text admin_label=&#8221;Legal Advice&#8221; _builder_version=&#8221;4.16&#8243; global_colors_info=&#8221;{}&#8221;]<div class=\"cnl-legal-advice\">\n<h3>This newsletter is for information purposes only.<\/h3>\n<p>Its contents do not constitute legal advice and it should not be regarded as a substitute for detailed advice in individual cases.\nTransmission of this information is not intended to create and receipt does not constitute a lawyer-client relationship between Charltons and the user or browser.\nCharltons is not responsible for any third party content which can be accessed through the website.<\/p>\n<p>If you do not wish to receive this newsletter please let us know by emailing us at <a href=\"mailto:unsubscribe@charltonslaw.com\">unsubscribe@charltonslaw.com<\/a><\/p>\n<\/div>[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row disabled_on=&#8221;on|on|on&#8221; admin_label=&#8221;Footer&#8221; _builder_version=&#8221;4.16&#8243; disabled=&#8221;on&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.16&#8243; global_colors_info=&#8221;{}&#8221;][et_pb_text admin_label=&#8221;Footer&#8221; _builder_version=&#8221;4.16&#8243; global_colors_info=&#8221;{}&#8221;]<div class=\"cnl-footer\">\n        <div class=\"cnl-footer-award\">\n                <div>\n                       <img decoding=\"async\" src=\"\/legal\/newsletters\/cnl_logo_footer.png\">\n                        <h2>Boutique Transactional Law Firm of the Year 2020<\/h2>\n                        <span>Asian Legal Business Awards<\/span>\n                <\/div>\n        <\/div>        \n<\/div>\n<div class=\"cnl-foot-address\">\n        <div>Hong Kong Office: Dominion Centre, 12th Floor, 43-59 Queen\u2019s Road East, Hong Kong Tel: + (852) 2905 7888 Fax: + (852) 2854 9596<\/div>\n        <div>Website: <a href=\"https:\/\/www.charltonslaw.com\" target=\"_blank\" rel=\"noopener noreferrer\">https:\/\/www.charltonslaw.com<\/a><\/div>\n<\/div>[\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section]","protected":false},"excerpt":{"rendered":"<p>NATURAL RESOURCES News 7 \u6708 2023 UK Major Banks Refuse To Invest In Deep-Sea Mining Due To Reputational And Operational Risks &#038;nb [&hellip;]<\/p>\n","protected":false},"author":9,"featured_media":234439,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"on","_et_pb_old_content":"","_et_gb_content_width":"","inline_featured_image":false,"fifu_image_url":"https:\/\/charltonsnaturalresources.com\/legal\/news\/2023\/07\/uk-major-banks-refuse-to-invest-in-deep-sea-mining-due-to-reputational-and-operational-risks.jpg","fifu_image_alt":"Mexico Chamber Of Mines Warns The Strike At Pe\u00f1asquito Could Impede The Country\u2019s Mining Sector","footnotes":""},"categories":[23],"tags":[46],"class_list":["post-234434","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-https-charltonsnaturalresources-com-legal-news-2021-08-mineralised-zones-found-in-botswana-thumb-jpg","cat-23-id"],"_links":{"self":[{"href":"https:\/\/charltonsnaturalresources.com\/zh-hans\/wp-json\/wp\/v2\/posts\/234434","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/charltonsnaturalresources.com\/zh-hans\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/charltonsnaturalresources.com\/zh-hans\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/charltonsnaturalresources.com\/zh-hans\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/charltonsnaturalresources.com\/zh-hans\/wp-json\/wp\/v2\/comments?post=234434"}],"version-history":[{"count":5,"href":"https:\/\/charltonsnaturalresources.com\/zh-hans\/wp-json\/wp\/v2\/posts\/234434\/revisions"}],"predecessor-version":[{"id":234527,"href":"https:\/\/charltonsnaturalresources.com\/zh-hans\/wp-json\/wp\/v2\/posts\/234434\/revisions\/234527"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/charltonsnaturalresources.com\/zh-hans\/wp-json\/wp\/v2\/media\/234439"}],"wp:attachment":[{"href":"https:\/\/charltonsnaturalresources.com\/zh-hans\/wp-json\/wp\/v2\/media?parent=234434"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/charltonsnaturalresources.com\/zh-hans\/wp-json\/wp\/v2\/categories?post=234434"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/charltonsnaturalresources.com\/zh-hans\/wp-json\/wp\/v2\/tags?post=234434"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}