Banks for the planet: The future of financing ...Middle East

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Banks for the planet: The future of financing
source : The Hill ( Middle East ) () 16
When large and influential institutions that are not typically at the forefront of climate conversations take climate policy action, I pay attention. The impact may not seem immediate, but the ramifications tend to be huge. These institutions can affect governments, the global flow of money, how — and whether — climate change is managed, and ultimately the lives of millions.   Last week, when the U.S. Federal Reserve Board joined other banking regulators in putting forth a plan for how large banks should manage climate-related financial risks, I took note. When it comes to climate action, the signs aren’t just on the wall anymore: Change is happening across some of our more conservative

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