Many banks have committed to being net zero by 2050, but continue to finance fossil fuels and their expansion. Our October cover story examines the reasons behind banks’ continued engagement with fossil fuel companies and highlights the role banks play in the economy as they face growing pressure from governments and policymakers to shore up energy security, while increasing their financing commitments to less carbon-intensive forms of energy. But not everyone agrees on what the path to net zero by 2050 should look like — Europe editor Anita Hawser discusses the topic with Middle East and Africa editor John Everington.
Was this article helpful?
Thank you for your feedback!
Read more about: ESG & sustainability
