Why? It helps to promote the demand for climate-related products and services, as well as creates opportunities for growth and returns for the financial institution.
How? Financial institutions use a variety of approaches to identify new market opportunities. In some cases, this may be linked to the development of tailored climate-related products and services designed to create opportunities and support growth in specific market segments. Financial institutions may engage directly with their clients and counterparties on potential opportunities for business development related to the low-GHG resilient transition.