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Three leading global financial institutions recently announced updated environmentally linked targets aimed at reducing by 2030 their financed emissions in carbon-intensive sectors, including oil and gas.
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With environmental, social, and governance (ESG) funds on a dramatic incline, an incline expected to continue going forward, it seems inevitable that regulatory reform is on the horizon. Europe has been leading the charge in the incorporation of ESG considerations into its regulatory framework. As we look to gauge what type of regulatory reform might be around the cor…