Low angle view of modern skyscrapers in Midtown Manhattan.
Finance
Banks and Climate Action: Taking Stock of Recent Commitments
Recent months have seen major moves on climate action by some of the world’s largest private banks, including JPMorgan Chase, HSBC, and Morgan Stanley. What sets this latest wave of climate pledges by financial institutions apart from past announcements? Building on previous commitments that increase green investments or restrict financing…
Real Change in the Real Economy: Decarbonizing Industry
If the global community has been tackling climate change for over 30 years, why is the pace of progress still so slow?
JPMorgan Chase Commits to Climate-Aligned Finance
Rocky Mountain Institute (RMI) commends JPMorgan Chase for announcing today that it will shape its core business to align with the Paris Agreement on climate change.
Spending Inside the Box
When we think about measures to address climate change, we often think of solar panels or wind farms. While it is true that we need to transition to renewable energy, investment in clean energy generation is only one piece of an economy-wide climate puzzle. To fully decarbonize, we need to…
There Is No Business as Usual: Decarbonizing Industry Must Start Now
We know that a higher-than-1.5°C pathway will result in severe natural disasters, including flooding, rising sea levels, hurricanes, drought, and lethal temperature exposures. The increasing regularity of these extreme climate events will create drastic stresses on food and water supply, with ripple effects including hunger, market disruption, increased migration, and…