JPMorgan Chase aims to finance and facilitate more than $2.5 trillion over 10 years — beginning this year through the end of 2030 — to advance long-term solutions that address climate change and contribute to sustainable development. The firm will bring together its capital and expertise to help clients, customers and communities address these vital issues.
This long-term target complements the firm’s Paris-aligned financing strategy and will help accelerate the transition to a low-carbon economy by encouraging actions that set a path for achieving net-zero emissions by 2050. The firm will share an update and additional information on its Paris-aligned strategy with the release of its annual ESG Report this May.
Last year, the firm also established the J.P. Morgan Development Finance Institution (DFI) to grow the development finance activities undertaken by J.P. Morgan and attract additional investment to the emerging markets. The new 10-year effort anno