There Are So Many Reasons Not to Trust Banks on Climate Change
On Wednesday, the nonprofit Risk Management Association announced it had corralled 19 banks into joining the RMA Climate Risk Consortium, with the goal of developing “standards for banks to integrate climate risk management throughout their operations, preparing the industry to help economies transition to a low-carbon future.” Altogether, members of the consortium have furnished $765.7 billion to fossil fuel projects since the Paris Agreement was brokered in 2015. Speaking to The Wall Street Journal about the announcement... Читать дальше...