Banks and UN are launching a sustainable investment framework

The United Nations, along with 19 banks and investors worldwide (totaling $ 6.6 trillion in assets), has “created a global framework that aims to use the money it manages on clean, low-carbon and inclusive projects.”

The framework – The Principles for Funding Positive Impacts – is, according to the United Nations, the first of its kind of criteria by which investments should be considered sustainable.

It spans different lines of business including retail and wholesale lending, …

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