Green Fintech Is A New Trend Investors Can’t Ignore

Back in 2019, Goldman Sachs made waves after becoming the first mainstream Wall Street bank to renounce fossil fuel investments. GS said it would cease financing any new oil exploration or drilling in the Arctic, or financing new thermal coal mines anywhere on the globe. Goldman also pledged to invest $750 billion over the next decade into areas that focus on climate transition. Predictably, other banks began to feel the ethical squeeze and a slew of other investment banks soon followed suit. In April 2020, Citigroup joined GS by denouncing financing…