Reported 2 months ago
A recent study by the World Resources Institute reveals that major global banks are not on track to meet their CO2 reduction commitments, with many having weak or unambitious targets. Despite some progress, the analysis shows most banks are expected to significantly overshoot necessary emissions reductions by 2030 and have not aligned their financing with global warming limits. The findings indicate inconsistent commitments to climate goals among banks, contrasting with their calls for supportive public policies.
Source: YAHOO