JPMorgan Chase & Co. has chosen not to follow the trend of transition finance, unlike many other Wall Street firms.
Transition finance aims to allocate capital towards initiatives that reduce carbon emissions, but its regulatory status is uncertain.
Despite this uncertainty, there is significant potential for corporate decarbonization financing.
Apollo Global Management Inc. has stated that the energy transition could represent a $50 trillion investment opportunity in the future, highlighting the financial stakes involved in transitioning to a more sustainable economy.