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Banks

  • World

    Central banks: Climate breakdown will hit global growth by a third

    by admineconai November 8, 2024
    by admineconai November 8, 2024

    A risk assessment by a network of central banks has found that the physical shocks caused by climate…

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  • World

    Report shows banks invested over $150bn into carbon bomb projects in 2022

    by admineconai November 2, 2023
    by admineconai November 2, 2023

    Latest reports suggest that banks pumped more than $150bn last year into companies whose giant “carbon bomb” projects…

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  • World

    Major European banks now under pressure to stop financing fossil fuels

    by Segun Ogunlade February 10, 2023
    by Segun Ogunlade February 10, 2023

    Five of Europe’s biggest banks have been urged to stop lending to fossil fuel firms in a new…

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  • World

    UK celebrities join campaign urging banks to stop financing fossil fuels

    by Segun Ogunlade January 26, 2023
    by Segun Ogunlade January 26, 2023

    A campaign backed by an environmental group, Greenpeace and other businesses has seen UK celebrities including Emma Thompson,…

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  • World

    New York pension demand tougher climate emissions rules from banks

    by Segun Ogunlade January 26, 2023
    by Segun Ogunlade January 26, 2023

    Top Wall Street banks including JPMorgan Chase & Co and Bank of America will be required to set…

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  • World

    Regulator: Australia’s banks to reduce lending to regions at risk of climate change

    by Segun Ogunlade December 1, 2022
    by Segun Ogunlade December 1, 2022

    As the risk of losses due to the climate crisis escalates, banks expect to reduce lending to households…

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