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All information about Climate change

The Earth's climate is changing globally the temperature rises. This change ecosystems and societies run the risk of being affected by floods and cyclones. This process is a direct result of human activities that greenhouse gas concentrations in the atmosphere increase.

Investments that take place today, determine the CO2 intensity of all future activities. Therefore it is important that strict targets for reducing CO2 emissions are now being made. Banks as major financiers of energy projects play a leading role in shifting investments to a less CO2-intensive economy.

Banks should stricter CO2-averse set standards so as to slow down the global warming or bring to a halt. Banks need to play this role, among others include the following elements in their investment:

  • Analysis and reporting of the contribution of the bank to climate change;
  • Shift investments from fossil fuels to renewable energy;
  • Investing in the transition to a low-CO2 economy;
  • Investing in adaptation to climate change in poor countries.

Detailed information on how the Fair Bank Guide assesses climate, can be found in Chapter 3 of the latest report.

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