Low angle view of modern skyscrapers in Midtown Manhattan.

Finance

Green Bank Design Summit 19 - Plenary

Banking on Green

In a pivotal year for sustainable development and climate action, world leaders would do well to turn to the proven solutions of the green bank model. The climate crisis may be felt more slowly than the overwhelming immediacy of the COVID crisis, but it involves similar challenges and potentially graver…

A conference room equipped by modern laptops in a modern panoramic office in New York.

Financing 1.5°C: Climate Resolutions Gather Momentum

’Tis the season once again for annual general meetings, where shareholders have the opportunity to raise and vote on shareholder resolutions. Unsurprisingly, climate-related shareholder resolutions feature prominently for the second year in a row. This follows from last year’s annual general meetings (AGMs), where shareholders raised climate resolutions ranging…

Ionic columns of a bank building

How the Net-Zero Banking Alliance Helps Banks Set Interim Emissions Targets

If the last 18 months of banks’ climate ambitions were about announcing 2050 net-zero emissions pledges, the next 18 must be about setting interim targets. Committing to align portfolios with net zero by 2050 is a welcome market signal—but the material question remains where banks intend to be in 1,…