Sustainable finance is poised to fund the future of the planet, addressing climate change, equity, and governance

Sustainable finance is poised to fund the future of the planet, addressing climate change, equity, and governance

Insider, in partnership with Bank of America, is launching the editorial series to help business leaders and their stakeholders — including employees, customers, shareholders, and board members — understand the opportunities and uncertainties that come with this secular change to the capital markets. Over the course of the next five months, Insider's reporting will bring to life the people, organizations, and coalitions that are driving progress. While much of the focus of conversations around sustainable finance is on the climate crisis, Insider is taking a holistic approach, with content dedicated to each of the four pillars of stakeholder capitalism as by the World Economic Forum. The series is incredibly timely. A key moment in the world of sustainable finance occurred during the United Nations Climate Change Conference (otherwise known as COP26), in Glasgow, Scotland, during the first two weeks of November 2021. A consortium of some 450 banks, insurance companies, and asset managers from 45 countries called (GFANZ), which had launched the previous April, announced that it had committed $130 trillion in assets to transform " ." "The architecture of the global financial system has been transformed to deliver net zero," Mark Carney, the coalition's leader and a former head