FEEM - Basel III Endgame: A Challenge For Climate Transition
2024-02-03 09:18:00 ET
Summary
- The capital regulation plan known as Basel III Endgame is a critical topic that has dominated conversations among banks for months and continues to be a focal point into the new year.
- Developers of clean energy and infrastructure projects often depend on tax equity investments (a $20 billion annual market) to finance the development of major infrastructure projects.
- Given the amount of resistance by banks, politicians and organizations, many analysts believe we could see major changes to the final rule.
By Abigail Meirink
Higher capital requirements may reduce the role banks play in the climate transition movement. ...
Basel III Endgame: A Challenge For Climate Transition