JPMorgan Unveils Goal to Support $2.5 Trillion in Climate-Friendly Investments

JPMorgan Unveils Goal to Support $2.5 Trillion in Climate-Friendly Investments - WSJ

Climate activists have for years called on the bank to use its lending power to protect the environment.

JPMorgan Chase & Co. is pledging to facilitate $2.5 trillion worth of climate-conscious transactions over the next decade. The bank. the U.S.’s largest by assets. said it would deploy its own capital and offer its expertise to help clients and customers to “accelerate the transition to a low-carbon economy.

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