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Credit Suisse earmarks more than $300 billion for sustainable finance
Reuters Translate This Article
30 July 2020
On 30 July 2020 Reuters reported:
Credit Suisse plans to provide at least 300 billion Swiss francs ($328.41 billion) in sustainable financing over the next decade in areas such as renewable energy and Green Bonds. The move is the latest in a string of announcements by banks looking to display their green credentials and capture demand for cash from companies to help a shift to a low-carbon economy.
Global Good News service views this news as a sign of rising positivity in the field of business, documenting the growth of life-supporting, evolutionary trends.
Governments around the world are tightening rules on industry to try to meet the terms of the 2015 Paris climate agreement.
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