Criticism of banks' financing of environmentally-destructive industries continues to grow, but a new report argues they could play a critical role in protecting forests and driving climate action
Former Bank of England Governor recently set up a Taskforce to accelerate the development of a voluntary market for carbon offsets
As many as 55 banks and financial firms including Standard Chartered and Amalgamated Bank have already committed to setting climate targets under the new system
AXA, BNP Paribas, World Bank and others back plans for new Task Force for Nature-related Financial Disclosures framework
High street banks such as Barclays, HSBC and Standard Chartered are facing growing pressure from activists, shareholders and potentially regulators over their links to to coal and potential stranded asset risk