Pledges and Profits - How Green Can Big Banks Be?

Explore the complex relationship between major financial institutions and climate change initiatives in this thought-provoking panel discussion from the 2022 Aspen Ideas Festival. Delve into the $150 trillion pledge made by the world's largest banks and investors to combat climate change, while critically examining the effectiveness of these commitments in light of ongoing fossil fuel investments. Analyze the potential of the financial system to drive planetary stewardship and the challenges it faces in achieving true sustainability. Gain insights from expert speakers, including Gillian Tett from the Financial Times, Michael Sheren from the Bank of England, and Sarah Bloom Raskin from Duke University Law School, as they discuss the unprecedented scale of transformation required to address climate change and the role of the financial sector in this global effort.