Ethical banks and financial intermediaries are pivotal players in the fight against climate change, actively supporting initiatives that promote clean energy, sustainable agriculture, and energy efficiency measures. Beyond their proactive funding role, these institutions also respond swiftly to climate-related disruptions such as floods and supply chain challenges.
This is crucial in the broader context of climate finance, which involves financing projects aimed at reducing greenhouse gas emissions, sequestering gases in soil or forests, and assisting communities in adapting to climate-related changes such as extreme weather events and heat waves.
Recognizing the central role of banks and financial intermediaries in managing capital flow, this introductory text explores the dual aspects of climate finance.