Net-Zero Banking Alliance formally winds down after Wall Street exodus
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What is the #netzero investment gap? It's the incremental low-emissions spending needed by 2030 to change the climate trajectory. Can countries fill this gap while also raising minimum living standards for citizens? Read more about these dual challenges: http://mck.co/empowerment | McKinsey & Company
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As a global organisation, we are taking transformative action on a global scale to protect, restore and celebrate our planet. We’re committed to a science-aligned phase-down of fossil fuel financing and concentrating on providing finance that supports a sustainable future, bringing us closer to our goal of a net-zero future. From the world’s first ‘transition’ sukuk in the UAE, to funding solar panels in Mexico, here’s some of what we’ve been financing: www.hsbc.com/greenbanking #OnlyOneEarth #C
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