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First Republic Is First Large US Bank to Stop Fossil Fuel Lending

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 …

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BankFWD Statement on the 5th Anniversary of the Paris Agreement

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 …

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