Stanchart sets new interim goals
Standard Chartered set new targets for reducing its funding to carbon intensive sectors by 2030. This is as a part of the goal to reach net zero emissions for itself and its clients by 2050. The Asia, Africa and Middle East-focused bank said that it would stop funding companies that are expanding in thermal coal….
Global banks to launch voluntary carbon offset market platform
Four global banks will next month launch a pilot platform for buying and selling voluntary carbon credits. A private sector task force on scaling up the voluntary carbon market said earlier this year the market will need to grow 15-fold to meet goals, that is set under the Paris climate agreement and that could be worth…