Sustainable Festival: Chuka Umunna warns of 'huge gap' in funding to achieve net zero transition

Banks must work together with clients to help transition

Anna Fedorova
clock • 2 min read

Chuka Umunna, managing director and head of EMEA ESG at J.P. Morgan and former MP, has spoken out against the argument of divesting from coal as a “simple solution” to the climate crisis, arguing this tactic is “nonsense and will be counterproductive”.

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