William: Banks must do more to protect environment © EPA
The Duke of Cambridge has urged banks to invest in nature to help fight global climate change.
Popular Searches
He said investing in reforestation and sustainable agriculture were cost effective ways of tackling the issue.
Banks have come under increasing pressure to step up efforts to help fight climate change.
Just this week, Barclays London headquarters was the target of a protest staged by climate activist group Extinction Rebellion. Members held placards and broke several windows as they called on the bank to stop financing fossil fuel companies.
Addressing central bankers and finance ministers at the spring meetings of the International Monetary Fund (IMF) and World Bank, the duke said the world s natural habitats continue to decline at an alarming rate .
Prince William: Banks must do more to protect environment
bbc.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bbc.co.uk Daily Mail and Mail on Sunday newspapers.
Prince William: Banks must do more to protect environment
bbc.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bbc.com Daily Mail and Mail on Sunday newspapers.
First published on
There’s an adage, meant to motivate perceived underdogs: If someone in power dismisses your concern, start again one level higher.
In the business world, such a roguish attitude is bound to ruffle feathers and make enemies. But it seems to be a go-to strategy in dealing with climate antagonists in Washington.
If it seems like a guerrilla tactic, there’s some truth to that. A group of 145 organizations, which likely haven’t been getting the response they want from the banks they’re targeting, last week wrote to John Kerry, President Joe Biden’s special envoy for climate, seeking his support on a move to cut off Wall Street’s financing of fossil-fuel activities.