DiscoverThe CurrentWhy big banks are backing out of climate initiatives
Why big banks are backing out of climate initiatives

Why big banks are backing out of climate initiatives

Update: 2025-01-15
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A growing number of banks and asset managers are pulling out of climate initiatives, designed to gear investment practices towards net-zero goals. What’s driving the exodus, and what will it mean for efforts to curb climate change?

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Why big banks are backing out of climate initiatives

Why big banks are backing out of climate initiatives