Just 10 financial actors hold the key to climate change | Waterloo News
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Just 10 financial actors hold the key to climate change | Waterloo News
And the four biggest American banks—JPMorgan Chase, Citibank, Wells Fargo, Bank of America—are responsible for more than a trillion dollars of that.
Ayana Elizabeth Johnson • What If We Get It Right?: Visions of Climate Futures
Financial sector’s role is to finance the transition (just/inclusive transition indeed) and to engage stakeholders (including our clients) in the transition.
But financial sector is not only about banks, it’s also about insurers, asset managers, funds, pension funds, PE funds, family offices, etc.
There’s some interesting language used by EU, such as
... See moreWhat is different today is that definitive action is being demanded by a greater number of voices, at a larger scale than ever before — spurred by the overwhelming evidence that climate change will have a significant and detrimental effect on our way of life. The money flooding into ‘ESG’ funds has also highlighted the business opportunity for... See more