Stay updated with breaking news from Climate Arc. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
By David Lawder NEW YORK (Reuters) - "Net-zero" financing commitments from banks and asset managers should align with goals to limit the global averag...
The U.S. Department of Treasury published ?the Principles for Net-Zero Financing & Investment, supporting the mobilization of more private sector capital to address climate change.
The U.S. Treasury on Tuesday released new principles for net-zero financing commitments from banks and asset managers on Tuesday, saying they should align with goals to limit the global... -September 19, 2023 at 08:45 am EDT - MarketScreener
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. It aims to promote consistency, credibility and transparency across net-zero pledges by financial ins...
The Treasury Department has released a new set of guidelines for financial institutions working to reduce their carbon footprint in the latest climate change push by the Biden administration.