(Reuters) – Bank of America said on Thursday it will deploy $1 trillion for its environmental business initiative to push for green finance by 2030, expanding on the $300 billion it had announced for the same project in 2019. The second largest U.S. bank said the latest announcement puts its total commitment to sustainable finance by 2030 at $1.5 trillion.
The initiative will help the bank’s push for a greener economy through lending, capital raising, advisory and investment services to help low-carbon and other sustainable businesses, Bank of America said.
In February, Bank of America said here it would target
Venture capital firms this year have begun raising hundreds of millions of dollars that they plan to deploy into proptech startups aimed at taking on climate change by making buildings more sustainable.
The surge of investment, taking place across the U.S., Canada and Europe, comes as experts see multiple coinciding forces that will push developers and landlords to adopt green building technologies in the coming years.
Government action, from local building regulations to President Joe Biden’s push to spend hundreds of billions on sustainable buildings, is expected to force rapid adoption of climate proptech solutions. But the movement isn’t just
A man opened fire Thursday at a Texas cabinet-making company where he worked, killing one person and wounding five others before shooting and wounding a state trooper prior to his arrest, authorities said.Larry Winston Bollin, 27, of Iola, Texas, was booked into the Brazos County Detention Center in Bryan late Thursday, according to a Bryan Police Department statement. Jail records showed Bollin was charged with murder and being held on a $1 million bond. No attorney was listed for Bollin in the jail record.Bryan Police Chief Eric Buske told reporters he believes the suspect is an employee at the Kent … Read More
Reducing driver risk could save you money on car insurance. (iStock)
When it comes to car insurance rates, your driving record and driving habits can influence what you pay for coverage. Car insurance companies use a risk assessment to determine where to set your rates. Understanding how driver risk is determined can help when searching for an affordable car insurance policy.
Car insurance rates vary based on a number of factors, including your credit, driving habits and the insurance company. Use a tool like Credible to shop around and lower your car insurance premium today.
While the IRS continues to send out fresh batches of stimulus checks of up to $1,400 each, a perk in the new $1.9 trillion COVID relief bill is set to bring thousands of dollars to families with children. Along with savings for medical costs, and extra unemployment checks, households with dependent children can expect even more money from changes to the child tax credit. Over time, it could potentially bring in more than the stimulus checks, with CTC payments
Worried about how you’ll afford your moving expenses? A personal loan can be a responsible way to ease these worries and alleviate financial stress. (iStock)
Many Americans believe that moving is one of the most stressful events of their lifetime — even more stressful than having children or getting divorced. The fact that the average cost of moving is $1,500 certainly increases these feelings. No one needs to add stress during a move, especially when it causes a strain on your finances.
After closing on a house or paying the fees associated with signing a rental lease, you
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