#425
overall
James Vaccaro
James Vaccaro is the Executive Director of the Climate Safe Lending Network – a multi-stakeholder initiative to catalyse the decarbonisation of the banking sector. He’s also the CEO of Repattern, through which he leads the development of a Nature-based Solutions (NbS) Accelerator for WWF.
James Vaccaro
Apr 04 2022
Seven reasons we might be at the tipping-point on bank finance for fossil fuels
On face value, there is very little to feel positive about. The numbers show that there are still considerable flows of finance to fossil fuel companies at similar rates to that in previous years. There is a reduction in the flow towards fossil fuel expansion but this may be cancelled out in the year ahead by pressures in energy markets. This article presents seven ways why this might be about to change.