World’s Largest Banks Are Betting That Climate Change Will Not Be Stopped

By Douglas McIntyre  •  April 1, 2025

Douglas McIntyre, Editor-in-Chief at Climate Crisis 24/7, reports on findings from Scientific American that reveal how major global banks, including Morgan Stanley and JP Morgan, are preparing for a future where climate change surpasses the Paris Agreement’s targets. Rather than focusing on reversing climate change, these institutions are shifting their financial strategies to mitigate risk and protect profits, highlighting the growing corporate skepticism about climate solutions.

  1. Finding a fiduciary financial advisor doesn't have to be hard. SmartAsset's free tool matches you with up to 3 financial advisors that serve your area in 5 minutes.
  2. Each advisor has been vetted by SmartAsset and is held to a fiduciary standard to act in your best interests. Get on the path toward achieving your financial goals!