“Insufficient” Action from Banks to Meet Climate Targets
Chris Hall
OCTOBER 10, 2024
Action by banks to reach net zero emissions and meet climate goals is “insufficient”, according to two reports which also highlight significant gaps in the policies guiding the sector’s transition. C or below 2°C in the medium term (2028-35), as well as lacking short- and long-term targets to map a clear pathway to net zero by 2050.
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