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
Nature-based solutions for comprehensive disaster and climate risk management: Toolkit for integrated planning and implementation of disaster risk reduction and climate change adaptation
StellaApril 1, 2025
Accountability for Nature: Comparison of Nature-related Assessment and Disclosure Frameworks and Standards
StellaApril 1, 2025
Step-by-Step Guide to Developing a Sustainable Finance Taxonomy
StellaApril 1, 2025