Morgan Stanley has raised half of the $1 billion it is targeting for a new strategy focused on businesses that aim at cutting a total equivalent to one gigaton of CO2 emissions by 2050
Morgan Stanley has rounded up capital to cut back carbon emissions. The investment bank’s 1GT climate-focused growth strategy has collected $500 million of the $1 billion it is seeking to back companies that together aim to reduce the equivalent of one gigaton of CO2 emissions by 2050.
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