bank of america
Newsletter
Bank of America pledged to stop financing coal. Now it's backtracking
The changes come as Republican lawmakers step up efforts to punish businesses that consider climate change and the environment in their operations.
Older Americans protest against ‘dirty banks’ funding oil and gas projects
Hundreds of older Americans gathered in Washington on Tuesday to protest against four of the country’s largest financial institutions, cutting up their credit cards in an act of defiance meant to condemn the banks’ funding of oil and gas projects.
Investment in mining 'needs to nearly double' to achieve net zero, BofA says
Current levels of metals needed to decarbonize economies won't be sufficient to reach climate targets, a recent Bank of America note cautioned, and investment in mining needs to double by 2050 in order to satisfy the growing demand for low carbon technologies.
Photo by Josh Appel on Unsplash
How lenders aim to profit from climate change
HSBC, Bank of the West and Fannie Mae are among those offering green mortgage bonds, financing commercial clients’ efforts to rein in carbon emissions and developing other novel products that help customers tackle environmental challenges.
Top Story
www.washingtonpost.com
Big businesses face pressure to avoid investing in areas Trump wants to develop
Democrats asked 11 banks not to finance Arctic development.
www.nytimes.com
Yearwood and McKibben: Want to do something about climate change? Follow the money
Chase Bank, Wells Fargo, Citibank and Bank of America are the worst offenders.
www.washingtonpost.com
Wall Street shouldn't help huge Saudi oil company go public, green groups say
Bank of America, Citigroup, Goldman Sachs are getting an earful.
ORIGINAL REPORTING
MOST POPULAR
CLIMATE