Pledges and Profits: How Green can Big Banks Be?
Setup
The world’s biggest banks and investors have pledged $150 trillion in assets to tackle climate change. But are these commitments actually getting us closer to net zero, considering that many of those making pledges are still profiting from fossil fuels? We know that climate change will require transformation at a scale never seen before; can the financial system propel us to become better stewards of the planet, or will they keep us from it?
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