Currently, the data is only available to the consortiums 24 member institutions, and despite pressure from the G20 and promises to reform, they ve refused to share.
(Bloomberg) As the finance industry faces mounting pressure to play its part in fighting the climate crisis in the developing world, bankers point to a significant hurdle—one the World Bank and other public sector financiers have yet to remove.Most Read from BloombergRussia Says Ukraine Downed Plane Carrying 65 Prisoners for SwapApple Dials Back Car’s Self-Driving Features and Delays Launch to 2028Trump Races Toward 2024 Biden Rematch After New Hampshire WinChina Boosts Stimulus by Allowing B
Bankers Push World Bank to Unlock Secret Data For Climate Loans bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.
(Bloomberg) Wall Street’s biggest banks are warning that existing assumptions around much-needed green finance will no longer hold if the US goes ahead with stricter capital requirements.Most Read from BloombergNetanyahu, Under Pressure Over Hostage Deaths, Vows to Press OnMike Johnson May Be the Next House Speaker to Lose His Job‘Underwater’ Car Loans Signal US Consumers Slammed by High RatesUS Navy Shoots Down 14-Drone Wave as Shippers Avoid Red SeaHarvard College Early Applications Drop 17
WALL Street’s biggest banks are warning that existing assumptions around much-needed green finance will no longer hold if the US goes ahead with stricter capital requirements. The Basel 3 Endgame, as the planned rules have been dubbed, marks the final implementation stage in the US of regulations created after the…