The Big Take

Big Banks Are ‘Quiet Quitting’ Their Climate Promises

On today’s Big Take podcast: Big banks made big promises to fight climate change. But as the world warms, institutions are quietly cooling on those plans.

The fishing village of Waruduwur near a coal-fired power station in Cirebon, Indonesia.Photographer: Muhammad Fadli/Bloomberg
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Big banks made big promises to help fight climate change. But as the world warms, those institutions are quietly cooling on their plans.