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J.P. Morgan: We Will Facilitate $200 Billion in Renewable Energy Financing by 2025

Renewable energy can't get much more mainstream than this—J.P. Morgan officials say the bank will facilitate $200 billion in clean energy financing by 2025.

In 2015, the bank facilitated around $15 billion in clean energy financing, so this pledge would increase that to $22 billion annually.

In addition, J.P. Morgan pledged to power its own operations entirely by renewable sources by 2020.

Bruce Buchanan contributed to this article.

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About this Author

Members of Womble Carlyle's Environmental, Energy & Toxic Tort Litigation Practice Group engage in a variety of toxic tort and environmental litigation, ranging from acting as local counsel in specific cases to coordinating litigation nationwide. In addition, lawyers in the Group provide regulatory representation for a diverse range of industrial clients on current or potential enforcement and compliance issues.

We have defended numerous toxic tort cases concerning exposure to chemicals and environmental agents that lead to claims of...