Big banks have ramped up their financing of the fossil-fuel industry, according to research by a coalition of environmental advocacy groups. But some of the banks criticized the report, stating that ...

LONDON (Reuters) -The banking industry's main group leading the sector's global effort to cut carbon emissions plans to overhaul its structure, it said on Wednesday, after the high-profile exit of ...

Six years after the financial industry pledged to use trillions to fight climate change and reshape finance, its efforts have ...

There’s an old climate joke that goes, “You may not believe in climate change, but your insurance company does.” If you’re in the market for new environmental humor — and really, who isn’t? — you can ...

In October, the Net Zero Banking Alliance shut down after JPMorgan Chase, Citigroup, Bank of America, Morgan Stanley, Wells Fargo and Goldman Sachs led a stampede of other banks out the door. SPL / ...

A new study suggests that climate change could reshape how home loans are approved, with major implications for homeowners and buyers in North Carolina. The research, released by First Street ...

It has been publicly reported that the European Central Bank is planning to impose financial penalties (albeit modest ones) on certain banks that have failed to adequately prepare for climate change.

Climate change is already affecting Madagascar, one of the most climate-impacted countries in the world. Without adaptation, an additional 1.68 million people in Madagascar could fall into poverty by ...