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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

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