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Change bank capital rules to boost climate action - survey


FILE PHOTO: FILE PHOTO: People arrive to visit the Red Fort on a smoggy morning in the old quarters of Delhi, India
LONDON (Reuters) – An overhaul of bank capital rules would be the most effective step regulators could take to support climate action, a group of 50 sustainable finance experts said on Tuesday.
In a survey carried out by the non-profit Climate Safe Lending Network, academics, commercial banks, investors, non-governmental organisations and central banks were asked to rank 10 proposals for how financial regulation could be changed to boost climate efforts.
Respondents included the Bank of England, the European Central Bank and Spain’s BBVA, as well as Boston Common Asset Management and Amalgamated Bank in the United States, and the UK’s Big Society Capital. ....

United States , France General , United Kingdom , City Of , Simon Jessop , Sarah Breeden , Kirsten Donovan , Lauren Compere , Andrew Turvey , European Central Bank , Climate Safe Lending Network , Belmont Green Finance , United Kingdom Big Society Capital , Boston Common Asset Management , Amalgamated Bank , Big Society , Boston Common Asset , ஒன்றுபட்டது மாநிலங்களில் , பிரான்ஸ் ஜநரல் , ஒன்றுபட்டது கிஂக்டம் , நகரம் ஆஃப் , சிமோன் ஜெஸொப் , சாரா இனப்பெருக்கம் , கர்ஸ்டந் டொநொவந் , லாரன் தொகுத்தல் , ஆண்ட்ரூ டர்வி ,

Revise bank loan rules to boost climate action: survey


Revise bank loan rules to boost climate action: survey
Reuters, LONDON
An overhaul of bank capital rules would be the most effective step that regulators could take to support climate action, a group of 50 sustainable finance experts said yesterday.
In a survey carried out by the non-profit Climate Safe Lending Network, academics, commercial banks, non-governmental organizations, investors and central banks were asked to rank 10 proposals for how financial regulation could be changed to boost climate efforts.
Respondents included the Bank of England, the European Central Bank and Spain’s Banco Bilbao Vizcaya Argentaria SA, as well as Boston Common Asset Management LLC and Amalgamated Bank in the US, and the UK’s Big Society Capital Ltd. ....

France General , United Kingdom , City Of , Banco Bilbao Vizcaya Argentaria , Sarah Breeden , Lauren Compere , Andrew Turvey , European Central Bank , United Kingdom Big Society Capital Ltd , Climate Safe Lending Network , Belmont Green Finance Ltd , Boston Common Asset Management , Amalgamated Bank , Big Society Capital , Belmont Green Finance , Common Asset Management , பிரான்ஸ் ஜநரல் , ஒன்றுபட்டது கிஂக்டம் , நகரம் ஆஃப் , சாரா இனப்பெருக்கம் , லாரன் தொகுத்தல் , ஆண்ட்ரூ டர்வி , ஐரோப்பிய மைய வங்கி , காலநிலை பாதுகாப்பானது கடன் வலைப்பின்னல் , பெல்மாண்ட் பச்சை நிதி லிமிடெட் , போஸ்டன் பொதுவானது சொத்து மேலாண்மை ,