Bloomberg article: Bankers Told They Can Ignore Binding Fossil-Finance Restrictions: Ben Caldecott comments
The world’s biggest climate coalition for bankers says it has the right to ignore a proposal that would require members to phase out the financing of fossil fuels. Tracey McDermott, chair of the Net-Zero Banking Alliance, said in a letter on Monday that the 119-strong group, which counts Deutsche Bank AG, Goldman Sachs Group Inc. […]