Europe’s banks continuing to support gas power expansion despite market risks
European banks have increased their backing for new gas power plant developments since 2021, despite increased costs and heightened industry…
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Global banks ‘stalling’ on climate action, LSE report finds
Global banks are falling short on their climate commitments, with most making ‘little progress’ or ‘weakened action’ on addressing climate…
TPI Centre expands assessment framework for tracking banks’ climate progress
The Transition Pathway Initiative Centre, hosted by the London School of Economics’ Grantham Research Institute, has announced it is expanding…
Transition plans of top banks ‘not fit for purpose’, says Reclaim Finance
The transition plans of the 20 biggest UK and European banks are ‘not fit for purpose’, Reclaim Finance has said,…
Large European banks ‘highly dependent’ on ecosystem services
Europe’s biggest banks are significantly dependent on ecosystem services, a new report by the EU Directorate-General for the Environment has…