Financial services giant Morgan Stanley has unveiled a new commitment to provide $250bn in funding for clean technology and renewable energy by 2030.
Morgan Stanley chief sustainability officer Audrey Choi said: “This announcement reflects Morgan Stanley’s continued commitment to enabling private sector capital to find attractive opportunities in the growing market for low-carbon solutions.”
The bank said that since 2006 it has provided over $84bn to support clean tech and renewables development.
It has also underwritten sustainable bond transactions worth more than $27bn since 2013.
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Morgan Stanley green pledge
By EBS