Reposted by Mischa Aeschlimann
Banks aim for net-zero emissions by 2050, but early efforts show challenges. A study by Mischa Aeschlimann on Swiss mortgage portfolios reveals that urgent policy action is needed to empower banks to fulfill climate pledges. 📊💪🌍
👉 Read the full article: www.tandfonline.com/doi/full/10....
tandfonline.com
Banks’ climate commitments: a silver lining for climate action or just hot air? First evidence from the Swiss mortgage business
Banks worldwide have pledged to achieve net-zero greenhouse gas emissions in their lending and investment portfolios by 2050, raising hopes that the finance industry is about to leverage its full p...