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Virginia Furness

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Sustainable banking editor

Virginia Furness is the sustainable banking editor of Capital Monitor and joins from Euromoney where she was most recently the Middle East and Africa editor. With a decade covering the financial markets, during which she worked in senior editorial roles at Reuters and Global Capital, Virginia is focused on holding to account the ESG commitments made by the world’s most influential banking institutions.

Articles by Virginia Furness
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British lenders face up to challenge to bank refugees

Lloyds Bank is leading efforts among UK lenders to provide easier access to financial services for the rising number of refugees in the country, most recently from Afghanistan. But they could do a lot more, as France’s BNP Paribas is showing elsewhere.

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UK bank NatWest readies carbon budget to shape lending strategy

The British bank is calculating a carbon budget that should lead to an overhaul of its balance sheet. Starting by tightening financing policy for the oil and gas sector, the group will introduce a series of emissions-led sector targets by 2022. A bold move, but critics argue the plans lack clarity.

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What the Green Asset Ratio will mean for banks

Used as part of a broader set of tools to assess banks, investors say the new reporting requirement will determine which institutions are taking green finance seriously. However, it lacks the sensitivity to capture transition finance, for example.

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