On November 29th, First Republic Bank became the first large US bank to announce a commitment to ending all lending to fossil fuel companies, the only one of the US’ 25 largest banks to do so. This commitment marks a watershed moment for large banks’ climate action and establishes the important precedent that fossil fuels …
First Republic Is First Large US Bank to Stop Fossil Fuel Lending Read More »
Paul Polman, BankFWD partner and Rockefeller Foundation trustee, on the importance of corporations holding banks accountable for their unsustainable financing. Link to article
Link to Politico article
Link to article (paywalled)
Today marks the 5th anniversary of the signing of the Paris Accords, the first and only global agreement to establish a framework for immediate actions and long-term strategies to mitigate climate change. To achieve the goals of the Agreement requires an immediate end to fossil fuel expansion, and a rapid transition of the existing carbon-based …
BankFWD Statement on the 5th Anniversary of the Paris Agreement Read More »
Founded by members of the Rockefeller family, BankFWD’s mission is to accelerate the transition to a just, zero-carbon economy in line with the 1.5° target of the Paris Climate Agreement.
For more information, please write:
team@bankfwd.org
Copyright 2020 BankFWD. All Rights Reserved.
BankFWD is a fiscally-sponsored initiative of the Sustainable Markets Foundation 501(c)3.
