This paper evaluates the impact of banks‘ voluntary climate commitments on their lending behavior and the climate impact of borrowing firms, finding limited evidence that such commitments effectively reduce financed emissions through divestment or engagement.
Recommended For You
Role of Public Development Banks in Supporting Domestic Carbon Markets
IsabelleApril 17, 2025
Investing in financial institutions in frontier markets: Lessons from DFI activity
IsabelleApril 17, 2025
Harnessing Mission Governance to Achieve National Climate Targets
IsabelleApril 17, 2025