The Bank of America is pledging to double it’s green bond activity during the next two or three years.
According to representitives from BofA, by the middle of the decade, the Bank plans to make $50 billion of green deals, bonds, and loans with Chinese clients. As part of this push, the Bank will be doubling the size of it’s ESG capital market teams in Asia.
Nonetheless, this activity is only a fraction of the Banks’s sustainable activity occurring around the globe.
Read more on bloomberg.com