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Building on previous commitments that increase greeninvestments or restrict financing to certain high-emitting activities, recent pledges add to growing evidence that banks are taking a more holistic approach to the climate emergency. Barclays’ accounting additionally covers the capital markets activity it supports.
This money is flowing into private equity and greener investments in the region, particularly renewable energy. We’re seeing an increase in greeninvestments from financial institutions, project development companies, utilities, manufacturing, tech sectors, and more.
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