On February 9, 2023, Treasury Secretary Janet Yellen spoke at the Center for Strategic and International Studies, urging the World Bank to “evolve” and be “bolder and more imaginative” in its operational approach to tackling...more
3/1/2023
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Climate Action Plan ,
Climate Change ,
Critical Infrastructure Sectors ,
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Environmental Social & Governance (ESG) ,
Financial Institutions ,
Financial Services Industry ,
Green Finance ,
Lending ,
Secretary of the Treasury ,
U.S. Treasury ,
Urban Planning & Development ,
World Bank
On February 7, a group of 30 investors, representing over $1.5 trillion of assets under management, wrote to the CEOs and board chairs of five major European banks “urging them to stop directly financing new oil and gas...more
2/27/2023
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Barclays ,
BNP Paribas ,
Climate Action Plan ,
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Deutsche Bank ,
Energy Projects ,
Environmental Social & Governance (ESG) ,
EU ,
Financial Services Industry ,
Investment ,
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Regulatory Reform
Environmental advocacy group As You Sow has sent climate-focused shareholder resolutions to five major U.S. banks. The resolutions request that the banks disclose their climate transition plans for meeting financed emissions...more