JPMorgan, StanChart to Join Talks on Monetizing Nature (1)

Oct. 14, 2024, 10:45 AM UTC

Some of the world’s biggest banks are about to gather for talks, with the goal of monetizing a theme that until now has left much of Wall Street drawing blanks: nature and biodiversity.

JPMorgan Chase & Co. and Standard Chartered Plc are among lenders sending representatives for the first time to the United Nations’ COP16 biodiversity summit, which starts next week in the Colombian city of Cali. Other banks that plan to send staff include Citigroup Inc., Bank of America Corp., HSBC Holdings Plc and Deutsche Bank AG.

The sudden interest in a theme that’s long been ...

Learn more about Bloomberg Law or Log In to keep reading:

See Breaking News in Context

Bloomberg Law provides trusted coverage of current events enhanced with legal analysis.

Already a subscriber?

Log in to keep reading or access research tools and resources.