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BBVA commits to reduce emissions from its oil and gas client portfolio by 30% by 2030

BBVA is committed to clean energy and will support the energy industry in its transition. The bank has therefore announced it will reduce emissions from its oil and gas portfolio by 30% by 2030. This commitment is in addition to the bank's 2021 targets in four other carbon-intensive sectors and the decision to stop financing coal companies.
International Energy Agency Global Head Investment Banking Zero Emissions Global Sustainability Social Framework
Source: bbva.com

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