NatWest pledges £100billion of climate and sustainable finance as COP26 beckons
- Date: 13-Oct-2021
- Source: Energy Voice
- Sector:Financial Markets
- Country:Gulf
NatWest pledges £100billion of climate and sustainable finance as COP26 beckons
NatWest has announced a target of providing £100billion of sustainable and climate funding for customers by the end of 2025.
The lender has unveiled the ambition along with a new report estimating that the UK’s six million Small to Medium Sized Enterprises (SMEs) can achieve 50% of the UK’s decarbonisation goals.
NatWest’s “Springboard to Sustainable Recovery” report also set out the SMEs could create up to 130,000 new jobs and produce around 30,000 new businesses, resulting in a £160bn opportunity for the UK economy.
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