Bank of America triples environmental funding goal to $1tr by 2030

Financial institution Bank of America on April 8 announced its goal of deploying and mobilising $1-trillion by 2030 in its Environmental Business Initiative to accelerate the transition to a low-carbon, sustainable economy. This commitment will anchor a broader $1.5-trillion sustainable finance goal by both environmental transition and social inclusive development purposes, spanning business activities across the globe, said Bank of America vice-chairperson Anne Finucane.