Responsible finance: The research note that could be a tipping point

It has taken the climate crisis to bring our collective focus onto the role of financing and the role of banks.

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Climate angst surely went up a few notches in February when Extinction Rebellion spokesman Rupert Read sent a copy of a January JPMorgan client research note to members of the UK press.

The report looked at the impact of climate change on the economy and stated in apocalyptic tones that “something will have to change at some point if the human race is going to survive.”

Why this research note received more traction – and outrage – than others put out by banks is not entirely clear.

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