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Newsletter
US banks facilitate clean energy transition through municipal bond market

US banks facilitate clean energy transition through municipal bond market

The use of municipal bonds to finance clean energy initiatives is gaining traction, enabling significant savings for towns and communities in their pursuit of renewable energy goals.

Meg Duff reports for Capital & Main.

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Newsletter
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Credit: Sigmund/Unsplash

Santander eases its climate policies amid gas project funding

In a revealing investigation, Santander Bank is shown to have adjusted its environmental guidelines to facilitate the financing of controversial gas projects.

Nimra Shahid and Rob Soutar report for The Bureau of Investigative Journalism.

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Newsletter
US financial giants pull out of environmental standards initiative

US financial giants pull out of environmental standards initiative

Big American banks have exited the Equator Principles, reflecting a troubling retreat from environmental and social risk management in project financing.

Nina Lakhani and Dominic Rushe report for The Guardian.

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Opinion
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Photo by NASA on Unsplash

Larry Elliot: We bailed out the banks but we’re not prepared to bail out the planet

As the rapid responses to the global financial crisis of 2007-09 and the Covid pandemic proved, governments can act speedily, collectively and decisively if the crisis is deemed big enough.

banking climate activism energy
Photo by Frugal Flyer on Unsplash

Activists are looking to banking regulations to combat climate change

Changes in the banking sector over the past half-century have produced dramatic consolidation, making a handful of big banks outsize financial engines in the fossil fuel industry.

SF federal reserve building

Fed Governor Waller doubts need for climate-change tests on banks

“Climate change is real, but I do not believe it poses a serious risk to the safety and soundness of large banks or the financial stability of the United States,” Waller said.

fossil fuel financing & divestment
Photo by Miquel Parera on Unsplash

Climate protesters call out US banks for funding fossil fuel projects

Offices of Citibank in New York and Wells Fargo in San Francisco targeted by activists urging shareholders to act
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