Mmastodon EnvironmentEnvironment first seen 20 h ago, last 17 h ago, peak #4
Global banks continue climate retreat, study warns
Original: Global banks continue climate retreat, study warns Most banks say climate-related risks are already captured in market p
A new study warns that major banks worldwide are stepping back from climate commitments, arguing that climate-related risks are already priced into markets. Only a small number of banks explain how these risks are actually reflected in their financial statements, raising concerns about transparency and the financial sector's role in addressing climate change at a time of weakening green pledges.
Why now: Concern is growing over banks scaling back climate commitments and transparency despite escalating climate risks.
global banksGreen Central Banking
Evidence
API: https://socialmediatrends-api.osmike.com/v1/trends/2105902