'Major failings': Just seven per cent of global bank's energy finance directed to renewables

clock • 4 min read
Credit: iStock
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Credit: iStock

New study led by financial and environmental campaign groups suggest global banks are struggling to deliver on the goals of the Glasgow Financial Alliance for Net Zero

Banks under fire for failing to divest from fossil fuel assets in support of their net zero goals have repeatedly argued that while they are reluctant to offload polluting assets with immediate effect...

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Amber Rolt

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