GCEL

Urgewald’s Global Coal Exit List (GCEL) is a powerful information tool and has played an influential role in shaping new policies by financial institutions on coal. The value of the GCEL is that it makes all companies operating along the thermal coal value chain visible to the financial sector. It clearly identifies which companies are still developing new coal assets and offers reliable and transparent data with which financial institutions can phase out coal-based business from their portfolios. Over 600 financial institutions are now registered users of the GCEL, but the database has also become an important tool for civil society organizations, media, researchers and even regulatory bodies.