Citigroup Lends $100 billion for Sustainable Finance
Citigroup is investing $100 billion in energy efficiency financing over the next ten years. Citi plans on expanding to other sectors like transportation, to cut out greenhouse gas emissions. They want to help communities adapt to climate change by financing infrastructure improvements that manage waste better, increase access to clean water, and give access to affordable housing to moderate-income families. Citi also has internal environmental goals for 2020 after meeting 2015 goals. They plan to reduce greenhouse gas emissions by 35 percent and reduce energy and water use by 30 percent.