Bank of America Environmental Business Initiative

Bank of America Environmental Business Initiative

  • Overview

    Vision / description

    Bank of America has set a goal to commit $50 billion over ten years to finance Energy Efficiency, Renewable Energy and Energy Access and other activities that advance the low-carbon economy.

    Project objectives

    The project objective is to mobilise financial resources to support energy efficiency. Based on historical performance, this would equate to approximately $35 billion in SE4All’s focus areas of Renewable Energy, Energy Efficiency and Energy Access.

    Project URL

    Sustainable Development Goals

    7. Affordable and clean energy; 11. Sustainable cities and communities; 12. Responsible consumption and production; 13. Climate action; 14. Life below water; 15. Life on land

    Regions / countries / territories

    Americas: United States

    Issue areas

    Biodiversity; Climate Change; Energy; Principle 7; Principle 8; Principle 9


    Collective Action
    • This initiative has a potential for scalability.
    • This initiative is seeking additional partners.