European lenders are ‘failing to unleash the potential’ of green bonds, with lending heavily concentrated on building improvements, despite evidence that clean energy delivers a higher impact on emissions avoidance
As US and European investors diverge on climate commitments, ABN Amro IS’s Margot Seeley discusses how the firm uses engagement, voting transparency, and mandate structures to ensure manager alignment with net zero goals
Global banks have ramped up funding for new fossil fuel sites last year, with US banks in particular doubling down while European banks scaled back on fossil fuel finance, new research shows
Scotiabank and RBC have withdrawn interim emissions reduction targets, with the former also retiring its 2050 net zero goal
Nordea, the largest lender in the Nordic region, has come under pressure from institutional investors over its backing of Arctic oil and gas exploration
James Talbot, executive director of BoE’s international directorate, outlined the bank’s approach to supervising climate risk governance for financial institutions
Since Russia’s invasion in 2022, wind farms have become a cornerstone of Ukraine’s energy security. Backed by investors, Ukraine defied the odds to install record levels of wind energy capacity in 2025
The new strategy will deepen the bank’s green lending, with a cumulative transition finance target of €150bn by 2030
TPI’s State of the Banking Transition 2025 report shows banks' progress on financing the transition is stagnating, despite net zero pledges
Global lenders have provided more than $2bn (£1.6bn) in financing for new oil and gas projects in the Amazon so far this year, with Brazilian and US banks emerging as key backers, while many European lenders have scaled back their involvement
Swiss power producer Axpo missed targets related to its renewable energy capacity, triggering a coupon-step up
The world’s largest climate alliance for banks has wound down operations only four years after launch, marking a major setback for collective net-zero efforts in global finance
Banks now collect more fees from green bonds than fossil fuel deals, marking a turning point in the corporate bond landscape
A climate risk adjustment to collateral valuations could steer capital away from carbon-intensive issuers
The world’s largest banks have again ramped up their lending activities to fossil fuels last year, as this week’s Banking on Climate Chaos report reveals. NZI editor Mona Dohle sits down with Léa Miomandre, financial analyst at Reclaim Finance to discuss why banks failed to turn the taps off.