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
Latest Publications
The cost of inaction: A CEO guide to navigating climate risk
StellaJanuary 22, 2025
Latest Publications
Advancing gender equality and women’s empowerment: target-setting guidance for banks
StellaJanuary 22, 2025