Climate Fund Choices for Investors Are Multiplying In all, 76 new climate-focused funds were introduced in 2020, bringing the worldwide total to about 400 offerings.
Tim Quinson | Apr 28, 2021
(Bloomberg) It’s been almost a week since nearly every major world leader even Vladimir Putin gathered virtually to focus on the global climate crisis.
And now it seems even the banks are starting to get on the bandwagon. JPMorgan Chase & Co. and Bank of America Corp., two of the world’s biggest providers of financing to the fossil-fuel industry, have increased their commitments to sustainable and clean-energy projects. Citigroup Inc. and Morgan Stanley announced similar plans.