ESG & Investing
Global Banks Embark on a New Wave of Product Innovation Targeting Nature
- The UN biodiversity summit begins next week in Colombia
- Bank of America, HSBC also among lenders planning to attend
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Some of the world’s biggest banks are about to gather for talks, with the goal of monetizing a theme that until now has left much of Wall Street drawing blanks: nature and biodiversity.
JPMorgan Chase & Co. and Standard Chartered Plc are among lenders sending representatives for the first time to the United Nations’ COP16 biodiversity summit, which starts next week in the Colombian city of Cali. Other banks that plan to send staff include Citigroup Inc., Bank of America Corp., HSBC Holdings Plc and Deutsche Bank AG.