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Just two of the world’s top financial institutions have commitments to phase out fossil fuels

Editor04 mins
The World Bank has priced a $4 billion seven-year Sustainable Development Bond, attracting more than $11 billion in high-quality investor orders.

Only two of the world’s 400 largest financial institutions have 'robust commitments' in place to phase out fossil fuels, new analysis from the World Benchmarking Alliance (WBA) has found. According to the WBA's Financial System Climate Assessment, ar...

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