Banking on Climate Chaos - CSO Futures

🌙 ☀️

Sign in Join

Wells Fargo begins developing transition finance framework

Transition Finance

Wells Fargo begins developing transition finance framework

Banks could generate US$44 billion of extra revenue annually through 2030 by financing the climate transition.

03 September 2024

SBTi updates financial institution guidance with optional fossil fuel target criteria

Policy & Standards

SBTi updates financial institution guidance with optional fossil fuel target criteria

The new document also clarifies that the exclusion of non-material activities from FI targets “may not exempt any activities related to fossil fuels”.

30 May 2024

Sustainable finance under scrutiny amid Barclays controversy

Sustainable Finance

Sustainable finance under scrutiny amid Barclays controversy

Overly flexible guidelines may be allowing banks to fund fossil fuel expansion under sustainability labels.

14 May 2024