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Banks worth $47 trillion adopt new U.N.-backed climate principles

Banks with more than $47 trillion in assets, or a third of the global industry, adopted new U.N.-backed “responsible banking” principles to fight climate change on Sunday that would shift their loan books away from fossil fuels. Deutsche Bank, Citigroup and Barclays were among 130 banks to join the new…

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Click here to read the full story: Reuters

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