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JPMorganChase launches Center for Energy and the Environment

Original: JPMorganChase unveils Center for Energy and the Environment

JPMorganChase has announced the creation of a new Center for Energy and the Environment, a dedicated unit focused on energy transition and environmental issues. Details on its staffing, funding and specific mandate have not yet been released, and reaction so far has been limited, with some observers likely to scrutinise how the bank's climate commitments square with its continued financing of fossil fuel projects.

Why now: A major global bank launching a new environmental-focused center draws attention amid ongoing debate over the finance sector's role in the energy transition.

JPMorganChase

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