
The Green Finance Podcast Ep. 3: Banks' role in the climate crisis with Chris Skinner
Tearsheet Podcast: Exploring Financial Services Together
The Banking of Finest Industries and the Climate Crisis
Banking is at the heart of enabling the crisis, or disabling the crisis. Banks make most of their profit from supporting those company's activities. About 14 % of all the loans of european banks go to firms creating issues for the climate. And that something that the banks have to understand and work out how they can still make profits. Must change behavior. You can't just stop the coal overnight. What you have to do is prate a plan for et zero, 20 50, ideally 20 30,. depending onot your view, and get the movement to renew ables far quicker through the financial system.
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