Despite pressure from activists, investors, and governments, the majority of the world’s 50 largest banks have not made sustainable finance commitments to respond to the risks ofand continue to finance fossil fuels, according to new findings by the World Resources Institute released on Thursday.
“If banks are serious about sustainability and stepping up to address the climate change challenge, we would expect to see a shift in how their sustainable finance commitments compare with their fossil fuel finance,” said Giulia Christianson, head of sustainable investing at WRI. Under pressure from investors, regulators and climate activists, some big banks have acknowledged the role lenders will need to play in a rapid transition to a low-carbon economy.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Tell that to RothschildCo Lol
Nigeria Nigeria Latest News, Nigeria Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Ramaphosa launches Anti-Corruption Forum - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.President Cyril Ramaphosa is expected to launch the Health Sector Anti-Corruption Forum (HSACF) at the Union Buildings in Pretoria on Tuesday.
Source: SABC News Online - 🏆 32. / 51 Read more »
DA launches rural safety plan - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.DA launches rural safety plan The Democratic Alliance (DA) has launched a rural safety plan, involving reservists and drone technology, to make rural areas safer.
Source: SABC News Online - 🏆 32. / 51 Read more »
SABC appoints new COO - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.The South African Broadcasting Corporation has appointed Ian Plaatjies as its Chief Operating Officer, following the vacancy left by Chris Maroleng in April 2019. Black ninjas are been sidelined now Is this appointment has something or anything to do with the removal of Public Protector's video(s) on SABC YouTube channel? All the best Ian and know SABC is in save hands🇿🇦
Source: SABC News Online - 🏆 32. / 51 Read more »
Prince Harry describes his love for Africa - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.Prince Harry describes his love for Africa The Duke of Sussex Prince Harry says the last nine days have reaffirmed his love for the African continent. 🙄🙄 Really? 😱 And I think it really. He love Africa the way I look the love it really though the love with out work it nothing so we see work there is love
Source: SABC News Online - 🏆 32. / 51 Read more »
Congo mine deploys digital weapons in fight against conflict minerals - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.In a small shack overlooking muddy pits hewn out of eastern Congo’s rolling green hills, a government official puts a barcoded tag on a sack of ore rich in tantalum, a rare metal widely used in smartphones.
Source: SABC News Online - 🏆 32. / 51 Read more »
Oil prices recover on lower output from US, Russia, OPEC - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.Oil prices rebounded on Tuesday on reports that output from the world’s largest oil producers fell during the third quarter, although a resumption in Saudi supply and demand concerns kept a lid on gains.
Source: SABC News Online - 🏆 32. / 51 Read more »