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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.

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.

Change bank capital rules to boost climate action – survey

Change bank capital rules to boost climate action – survey
wsau.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from wsau.com Daily Mail and Mail on Sunday newspapers.

Change bank capital rules to boost climate action - survey

Change bank capital rules to boost climate action - survey
reuters.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reuters.com Daily Mail and Mail on Sunday newspapers.

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