Banks Rethink Climate Pledges Amid Political Pressures

Explore the implications of major U.S. banks like Morgan Stanley, Citigroup, and Bank of America exiting the Net-Zero Banking Alliance. This episode delves into the tensions between climate commitments and political pressures, and what it means for the future of sustainable finance. We also discuss the U.S. Treasury's report on AI in financial services, highlighting its potential and risks, and offer insights on achieving financial goals in 2025. Plus, learn about Vernon's recognition for excellence in financial reporting, setting a standard for transparency and accountability.

Sources:
https://carboncredits.com/morgan-stanley-citi-and-bank-of-america-exit-net-zero-alliance-whats-next-for-sustainable-finance/
https://natlawreview.com/article/treasury-highlights-ais-potential-and-risks-financial-services
https://www.cbsnews.com/philadelphia/video/how-to-make-the-most-of-your-financial-goals-in-2025/
https://www.fox61.com/article/news/local/tolland-county/vernon/vernon-conn-recognized-again-for-excellence-in-financial-reporting/520-80a5cd9f-9cd5-4ece-a4c1-2239b2d03653

Outline:
(00:00:00) Introduction
(00:00:40) Morgan Stanley, Citi and Bank of America Exit Net-Zero Alliance: What's Next for Sustainable Finance?
(00:03:17) Treasury Highlights AI’s Potential and Risks in Financial Services
(00:06:30) How to make the most of your financial goals in 2025
(00:09:20) Vernon, Conn. is recognized again for excellence in financial reporting