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….
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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…