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Banks Investment Climate Change

Hogan Lovells

Energy Buzz: The Future of Green Banks

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Green banks are financial institutions with a specific objective: deploying capital to finance projects focusing on sustainability and energy transition. Often publicly owned, green banks follow a dual purpose, being intended...more

Jones Day

U.S. Treasury Publishes Principles for Net-Zero Financing and Investment by Financial Institutions

Jones Day on

The September 2023 publication by the U.S. Treasury Department of its Principles for Net-Zero Financing and Investment ("Principles") marks the first time a major U.S. government agency has provided guidance to the financial...more

Cadwalader, Wickersham & Taft LLP

Investors Pressure European Banks to End Financing for New Oil and Gas Fields

On February 7, a group of 30 investors, representing over $1.5 trillion of assets under management, wrote to the CEOs and board chairs of five major European banks “urging them to stop directly financing new oil and gas...more

Cadwalader, Wickersham & Taft LLP

House Committee Chair Announces Probe into Bank ESG Practices

Attacks on “ESG investing” in the U.S. continues to intensify as additional Republican lawmakers take aim at financial institutions’ alleged “ESG agenda.” Citing an effort to “promote the depoliticization of our capital...more

Bilzin Sumberg

Banking Groups Protest Against Expected ESG Regulations

Bilzin Sumberg on

We’ve provided insights previously about increased regulatory and litigation activity related to Environmental, Social and Governance (ESG) disclosures by companies to current and prospective investors. For those not yet...more

Stikeman Elliott LLP

COP26: Key Takeaways and Action Items on Climate Change (Part II)

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In our previous post, we highlighted a number of global goals and campaigns aimed at addressing climate change. In this post, we examine climate change-oriented policies and initiatives that are being adopted by many...more

Alston & Bird

The Longer Term Does Arrive over Time—Financial Services Regulators and Investors Gearing Up for Climate Change Reforms

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Swans can be white or black or … green? Our Financial Services & Products and Securities Groups consider climate change and environmental, social, and governance (ESG) expectations for financial services firms and highlight...more

Robins Kaplan LLP

Financial Daily Dose 1.21.2020 | Top Story: World Economic Forum Kicks Off in Davos

Robins Kaplan LLP on

As it kicked off its 50th annual gathering today, the World Economic Forum in Davos is facing some hard questions—both about the state of the ideals it has long espoused (“open borders, liberal democracy and free borders,” to...more

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