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U.S. Treasury: Banks' 'net zero' pledges must align with temperature limits

NEW YORK (Reuters) -"Net-zero" financing commitments from banks and asset managers should align with goals to limit the global average temperature increase to 1.5 degrees Celsius and be backed by "credible" metrics and targets, the U.S. Treasury said on Tuesday. The Treasury released a document setting out new principles as world leaders, celebrities and business moguls, converged on Manhattan to focus attention on the climate crisis during the U.N. General Assembly week. I...
David Lawder Janet Yellen Chizu Nomiyama Bezos Earth Fund Hewlett Foundation Sequoia Climate Foundation
Source: yahoo.com

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