Extreme weather events impacted India on 314 of 365 days in 2022. Yet, major Indian banks have been unprepared to confront climate risks, according to a new analysis prepared by Bengaluru-based think
Central banks, financial institutions, and large companies are increasingly embracing green finance and investment to meet climate goals and achieve carbon neutrality. Global Climate Challenges, Innovative
Financial and economic concerns are paramount for the international banking industry to continue supporting and investing in the global renewable energy supply system. The transition to renewable energy
A Reserve Bank survey has found that engagement of top management in banks on issues concerning climate risk and sustainable finance is "inadequate" and the lenders need to scale up initiatives on environmental
This paper focuses on answering the following question: how can a private sector bank—one that has already committed to shifting its business model towards net-zero emissions—change its client engagement
Lack of policies regulating impact on natural world means finance industry effectively bankrolling biodiversity loss, analysis finds. The world’s largest investment banks provided more than $2.6tn (£1.9tn)
<p>This discussion brief provides an overview of the development of green banking practices in China, identifying major policies and practices, performance to date, as well as barriers to further expansion.
Over a decade has passed since the collapse of the U.S. investment bank Lehman Brothers marked the onset of the largest global economic crisis since the Great Depression. The crisis revealed major shortcomings
Private sector banks are facing political, market, and societal pressure to direct finance towards low carbon, sustainable development. One way they’re signaling their response is through sustainable finance
Water problems could push the non-performing assets of banks higher as many lenders have loan exposure in sectors where there are risks to water resources, says a report. At a time when the banking sector
