Australian banks are at a crossroads. Climate change isn't just an environmental issue—it's reshaping our economy and the way our four pillar banks are managing their operations
-> Banks face increased credit risks from climate-related events
-> Traditional high-emission sectors are becoming less attractive investments
-> New opportunities in sustainable finance are emerging rapidly
Banks are adapting potentially offering new areas for growth and differentiation amongst the sector
-> Major banks are setting ambitious targets for sustainable finance
-> New green lending products are hitting the market
-> Opportunities in renewable energy funding are expanding
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