New science-based target validation now available to help financial players align their lending and investments with the Paris Agreement. 55 institutions already committed. The first opportunity for financial institutions to set science-based targets to align their lending and investment activities with climate science is launched today by the Science Based Targets initiative (SBTi). Banks, investors and insurance companies can now verify whether climate targets for their operations and portfolios align with the Paris Agreement’s goal of keeping global warming to 1.5°C or well-below 2°C . 55 financial institutions including Bank.…
Read MoreFirst opportunity for banks to receive stamp of approval on science-based climate targets
