Page 37 - தாம்சன் ராய்ட்டர்ஸ் அடித்தளம் News Today : Breaking News, Live Updates & Top Stories | Vimarsana
Ghana Anti-LGBTQ+ Bill Threatens Human Rights and HIV/AIDS Fight: UN
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FEATURE-As oceans warm, Zanzibar s women sea farmers grow sponges to stay afloat
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These Amazing Women Sea Farmers Grow Sustainable Sponges Despite Climate Change
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Lightning Strikes Wedding Party in Bangladesh, 17 People Dead and Others Injured
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Most new fossil fuel projects are built with borrowed money – potentially yours
Randell Leach is CEO of Beneficial State Bank and Denis Hayes is CEO of the Bullitt Foundation.
Banks need to stop reckless profiteering that threatens our financial system and instead invest in resiliency.
That’s a less diplomatic phrasing of the message from President Biden’s recent Executive Order on Climate-Related Financial Risk, which recognizes that continued financing of fossil fuel projects represents a huge risk to the U.S. and world economies.
Every loan a bank makes carries risk. If paid enough to take a risk, banks will. And if a bank believes it can pass the cost of a risk to someone else, it will do that too.