Regulators review the climate investments of banks. More regulation & transparency pending.
ECB Tells Banks to Gird for Climate Tests That May Hit Dividends - BNN Bloomberg
Banks have been for years overlooked in terms of the part they play both positively and negatively to climate change. Various development from Europe (EDFI - ECB) are showing the previous BAU methodologies are now being questions and alternative solutions sought.
We anticipate a requirement or more specific and meaningful regulation and more transparency required in order for investors and capital to question the motivation of banks in particular strategies and sectors.
