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One Dollar, Two Goals: Why Banks Should Count Green Finance Once

A new commentary argues that banks should count green finance only once rather than towards two separate goals at the same time. The piece warns that double-counting a single dollar of green lending can inflate sustainability claims and distort how climate-finance progress is measured. It calls for clearer accounting standards so lenders report environmental funding accurately and avoid overstating their contribution to green targets.

Why now: Debate over how to measure and report green finance is intensifying as banks face growing scrutiny of their sustainability claims.

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