How the banking net zero fantasy ran out of gas Banking Over the past year, the world’s biggest banks‘ net zero enthusiasm has quickly and quietly dried up. Top lenders have backtracked, diluted or outright abandoned their environmental, social and governance (ESG) policies. The return of President Donald Trump has been highlighted as a turning point for green finance with firms across the financial industry turning sour [...]
London widens lead over New York in green finance rankings Banking London has kept its title as the world’s top centre for green finance for a third year, according to an influential think tank, as New York fell further down the rankings.
Former Bank governor Mark Carney: City needs to lead world once again on green finance Economics In a speech at a Deloitte event, Carney said the UK has "traditionally led" on international financial developments but warned "it hasn't been leading as much of late. It had other things on its mind."
London keeps spot as world’s top green finance centre as New York toppled from second place April 23, 2024 London has been named the world's top centre for green finance for the fifth time in a row, according to a new survey, as Swiss cities topple New York from second place.
London proves it’s easy being green: Capital clinches eco finance crown for fourth year in a row April 25, 2023 London has again been named the world’s number one centre for green finance, according to a survey. The capital scored well across think tank Z/Yen’s 11th Global Green Finance Index (GGFI), allowing it to retain the world’s top spot for the fourth year running. London outdid all other cities in terms of its talent pool, [...]