Four of the world’s largest banks – Wells Fargo, Goldman Sachs, JPMorgan Chase, and Bank of America – have teamed up with leading US environmental non-profit The Rocky Mountain Institute (RMI) to launch a new Center for Climate-Aligned Finance. The new unit will act as a hub to help encourage collaboration as a growing number of financial institutions pledge to bring their portfolios and investment strategies into line with the climate goals set out in the Paris Agreement.

As climate alignment rapidly becomes a global norm in the private financial sector, RMI is working to ensure that the frameworks, tools, and agreements are in place to enable financial institutions to support decarbonization as they transition their own portfolios toward climate alignment.

Read the complete news (in Spanish) here