Bank finance for cleaner energy grows, says report
LONDON: Banks gave 81 cents in financing support to low carbon energy supply for every dollar they provided to fossil fuels in 2021, a report showed on Tuesday, but they will need to ramp up their commitments much further for the world to hit its climate goals. Several climate scenarios suggest that to limit global temperature rises to 1.5 degrees Celsius above the
Source: arabnews.com