Financial services firms weigh up climate risks and rewards
As Donald Trump dismantles US environmental legislation and regulation, financial services institutions around the world are considering the cost/benefit analysis of sticking to climate targets and assessing such risks in their portfolios.
Something of a split seems to have formed between banks on either side of the Atlantic, perhaps best demonstrated by the collapse of the Net Zero Banking Alliance (NZBA) in October.
Founded in the wake of Glasgow's COP26 conference in 2021, it was launched to align global banks’ financing wi... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
