Terrifying/Inspiring Thought of the Week

Photo by bruno neurath-wilson on Unsplash

A new report by the European Central Bank (ECB), finds that a “staggering 90%” of European banks have loan books misaligned with global climate goals and the EU’s 2050 climate neutrality target.

Although 72 of the 95 banks have made a net zero commitment, 93% of these are not yet aligned with a pathway to achieve this goal.

All talk, no walk.