Today news
About the same in other media
World’s biggest banks to play a role in limiting greenhouse gas emissions
Reading now: 594
Hundreds of the world’s biggest banks and pension funds with assets worth $130tn have committed themselves to a key goal in limiting greenhouse gas emissions, the UK government will announce on Wednesday.
The pledge by more than 450 financial institutions in 45 countries is intended to be one of the top achievements by the UK hosts of the Cop26 summit in Glasgow, and comes as some of the other aims of the summit – chiefly, setting the world on a path to limit global heating to 1.5C – are looking hard to reach.
Finance is key to the massive economic transformation required to move away from fossil fuels and reach net zero so the global economy can be run without damaging the climate.
But experts and campaigners cast doubt on the government’s
Read more on theguardian.comAbout this in other media
Ex-Northern Ireland secretary faces scrutiny over £144,000 a year advisory roles theguardian.com /3 years ago
UK Treasury and central bank will consult on CBDC, potentially launching by 2030 cointelegraph.com /3 years ago
Carmaking recast: West Midlands finds new role in electric vehicle industry theguardian.com /3 years ago
Show more
The website finance-news.co. is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
