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Issue 144: Banks lower climate ambitions; the trouble with carbon credit certification

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Kenneth Lim

Kenneth Lim

Published Fri, Apr 18, 2025 · 07:00 PM
    • Net Zero Banking Alliance members have more than doubled their targets in carbon-intensive sectors since 2022.
    • Net Zero Banking Alliance members have more than doubled their targets in carbon-intensive sectors since 2022. ILLUSTRATION: KENNETH LIM

    This week in ESG: Net Zero Banking Alliance members pull back from 1.5-degree goals; researchers urge better disclosures, quality grades for carbon credits

    Sustainable finance

    Banking targets watered down, but more honest

    Let’s get one thing straight: Banks won’t save the world.

    ESG Insightssustainable financeNet zeroBankingCarbonESGSingapore banks

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