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Bank of America’s Pledge: Navigating the Path to $1.5 Trillion in Sustainable Finance

Bank of America (BofA) is dedicated to achieving its ambitious goal of $1.5 trillion in sustainable investments.

Led by managing director Karen Fang, BofA’s global sustainable finance team is actively working towards mobilizing and deploying capital for sustainable finance initiatives. Photo: Getty Images

The bank aims to allocate $1 trillion towards supporting the transition to a low-carbon economy and $500 billion for inclusive social development, aligning with the 17 UN Sustainable Development Goals (SDGs).

Fang is confident that the bank can reach its $1.5 trillion objective in a responsible and disciplined manner consistent with BofA’s responsible growth strategy.

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