Banking Against Science: Financial Institutions Continue to Fund Climate Destruction
Union of Concerned Scientists
DECEMBER 2, 2022
A year ago, GFANZ said all its members “must align” their portfolios to the UN’s Race to Zero “stringent criteria” aimed at halving global emissions by 2030 and bringing net carbon emissions to zero by 2050. It is a coalition of more than 550 of the world’s top financial institutions controlling more than $150 trillion in assets.
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