Bank Of America Announces $125 Billion Environmental Business Initiative

Bank of America announced on Monday, July 27th that it was boosting the firm’s current environmental business initiative from $50 billion to $125 billion to support low-carbon businesses by 2025 through lending, investing, raising funds, advisory services and developing financing solutions for clients across the globe.

The 150% increase in BOA's environmental business initiative commitment will be highlighted at the White House’s American Business Act on Climate Pledge event, designed...

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