· $250 Billion Environmental Finance Goal greatly exceeds previous goal in amount and time
· Climate risk analysis expected to deepen alongside client engagement
· Citi to be 100 percent powered by renewable electricity by the end of 2020
· In Asia Pacific Citi is already 100 percent powered by renewable electricity
· Citi to further support clients on their Asia Pacific sustainable financing needs
HONG KONG & SINGAPORE, July 30 (Bernama) — Citi has announced its new five-year 2025 Sustainable Progress Strategy to help accelerate the transition to a low-carbon economy. This new strategy includes a $250 Billion Environmental Finance Goal to finance and facilitate climate solutions globally. This builds on Citi’s previous $100 billion goal announced in 2015 and completed last year, more than four years ahead of schedule.
