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$50 billion, 10 year, Environmental Business Initiative .:. Sustainable Development Knowledge Platform
$50 billion, 10 year, Environmental Business Initiative
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Information
  • Submitted by: Bank of America
  • Topic: Energy
  • Keywords: low carbon,finance
  • Location: USA
  • Date of completion: 2022
  • Click for more information
Documents
Action Network
  • This voluntary initiative came from Sustainable Energy for All (SE4All)
Deliverables
Deliverable Date
Based on historical performance, this would equate to approximately $35 billion in SE4All's focus areas of Renewable Energy, Energy Efficiency and Energy Access. 2022
Resources devoted to implementation
Type Details
Financing (in USD) $50,000,000,000
Description
Partner(s)
Bank of America
Description/achievement of initiative
Bank of America has set a goal to commit $50 billion over ten years to finance Energy Efficiency, Renewable Energy and Energy Access and other actitives that advance the low-carbon economy.
Implementation methodologies
By mobilize financial resources to support energy efficiency, For further detailed information. Please refer to the deliverables.

Copyright United Nations Department of Economic and Social Affairs

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