Changing Finance: new this month
A monthly round-up of news, ideas and initiatives related to transforming the UK financial system for people and planet, compiled by the Lab’s CEO Jesse Griffiths.
Climate, climate, climate
Are banks’ 2050 pledges enough? (Short answer: no. They should rule out fossil fuel finance, and aren’t living up to their promises on deforestation including in the Amazon.) Here’s what’s wrong with Standard Bank’s climate policy. Europe’s banks have a long way to go on sustainability. What have climate activists inside big banks learnt? A powerful year for the Climate Safe Lending Network.
Sadly fake news: the Bank of England excludes climate-unfriendly bonds from asset purchases. The US Fed (finally) backs climate goals. How are insurance companies doing? And is your pension funding deforestation? UK universities take dirty money.
These 12 investment projects will blow the world’s carbon budget. All about the EU green taxonomy. Here are the nasty lobbyists trying to stop it. The links between inequality and climate change. Climate philanthropy mapped and a revealing new history of philanthropy.
Inequality and injustice
Lloyds pay black staff 20% less. The roots of racial injustice in finance run deep. Learn more about decolonising economics (scroll down for newsletter) and decolonising international development. The impact of COVID-19 on financial vulnerability.
Finance is changing
And here’s to a better 2021!
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