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A call to action on the Principles for Responsible Banking: End climate-destructive financing now
On September 22, 2019, the United Nations Environment Programme Finance Initiative (UNEP FI) and 30 ‘’founding’’ banks launched the Principles for Responsible Banking (PRBs) during the United Nations General Assembly in New York. Starting out with 132 signatories, 193 banks and counting have now adopted the six principles that comprise the PRBs. This includes a commitment to align the bank’s business strategy with the goals set out in the Paris Climate Agreement and the Sustainable Development Goals
(SDGs).