ANZ will no longer fund the world’s biggest coal export port at Newcastle on the back of the bank’s new climate change policy that stops loans to the coal sector. The Port of Newcastle, which supports 9000 jobs and contributes AU$1.5 billion to the national economy, will now receive funding by National Australia Bank (NAB) according to The Australian. This comes under the agreement of a transition program for the port to diversify and become more sustainable. The Port of Newcastle, co-owned by The Infrastructure Fund and China Merchants Port Holdings Company, aims to reach 100 percent renewable energy by the end of this year and transition all its vehicles to electric by 2023. A Port of Newcastle said in a statement to The Epoch Times that sustainability was a core part of their business strategy and culture. “We are working with responsible lenders who are interested in helping businesses …