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Canada's Banks Address Climate Impact With Sustainable Finance Initiatives

COP26 in Glasgow

Canada's major banks have recently made pledges towards sustainable finance, aiming to address climate change concerns. However, these commitments may not be enough to curb emission growth, according to statements from the banks themselves.

The banks have acknowledged that their efforts in sustainable finance may not lead to a significant reduction in emissions. Despite their promises to support green initiatives and invest in environmentally friendly projects, the banks are cautious about the impact these actions will have on curbing emission growth.

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