Interview - James Vaccaro

This conversation with James Vaccaro discusses the work of the Climate Safe Lending Network, a multi-stakeholder network focused on accelerating the transition to a sustainable economy. The network brings together banks, investors, NGOs, regulators, and academia to share knowledge, provoke thought, and drive change in the banking sector. James highlights the importance of understanding the emissions generated by a company's banking practices, particularly the financing of fossil fuel industries. He emphasizes the need for companies to engage with their financial partners and demand a shift towards greener investments. He also discusses the role of universities and large corporates in leading the movement towards sustainable finance. The conversation explores the role of banks in the transition to a sustainable economy and the challenges they face. It discusses the need for banks to restrict capital to fossil fuel companies and transition to greener alternatives, highlighting the importance of regulatory action and government intervention to drive change.

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