Submitted by: Bank of America Topic: Energy
Keywords: low carbon,finance
Date of completion: 2022
Click for more information
This voluntary initiative came from Sustainable Energy for All (SE4All)
$50 billion, 10 year, Environmental Business Initiative
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.
By mobilize financial resources to support energy efficiency, For further detailed information. Please refer to the deliverables.
Based on historical performance, this would equate to approximately $35 billion in SE4All's focus areas of Renewable Energy, Energy Efficiency and Energy Access.
Financing (in USD)
Copyright United Nations Department of Economic and Social Affairs