Some of the world’s top banks are joining efforts to support decarbonization of the ag sector.
At the U.N. COP26 climate conference, the World Business Council for Sustainable Development announced the Banking for Impact on Climate in Agriculture (B4ICA) initiative.
Barclays, Wells Fargo and Rabobank are among the banks to join in the effort which will allow them to more accurately keep track of ag sector greenhouse gas emissions and leverage “best in class” science-based data and transparency tools.