Bank of America pledges £1.2m to the University of Oxford to support ground-breaking greenhouse gas removal and sustainable finance research at the Smith School of Enterprise and the Environment.
Bank of America has pledged £1.2 million to the University of Oxford to support greenhouse gas and sustainable finance research at the Smith School of Enterprise and the Environment. This research will inform key decisions made in the financial services sector and offer implementable and equitable interventions to ensure business models are scalable and sustainable.
This is the first partnership of its kind for Bank of America in Europe and marks the beginning of a key partnership with the Smith School. The funding will not only support 3 years of cutting edge research in the two core areas of focus, but will also provide funding for a Director’s Research fund that will enable the School to seize ground-breaking, but otherwise unfunded sustainable research opportunities.