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The Zurich cantonal government plans to adjust property tax values, anticipating an average increase of 11% for single-family homes and 10% for condominiums, reflecting significant land value rises since 2009. While one in five properties may see over a 15% increase in imputed rental value, many homeowners could benefit from reductions, easing their tax burden. The ongoing debate in Bern regarding the abolition of the imputed rental value continues, with differing proposals from the National Council and the Council of States.
Nearly 30,000 people are evicted annually in Switzerland for building renovations, with significant regional disparities. While two-thirds of those affected find new homes nearby, the evictions raise concerns about affordability and appropriateness, especially as rents have surged by 38% since 2016 in cities like Zurich. The study highlights the need for affordable housing amidst rising land values and the trend of demolishing older buildings for new construction.
A radical overhaul of banking policies is essential to drive meaningful change in environmental impact, as current efforts often fall short. While some progress has been made in integrating sustainability into credit ratings and investment advice, many banks still prioritize traditional, carbon-intensive projects, particularly in construction. A comprehensive approach that includes biodiversity and environmental quality is crucial for banks to genuinely contribute to a sustainable future.
None of Switzerland"s 15 major retail banks are meeting international climate and biodiversity targets, according to a WWF ranking. The banks scored an average of 2.2 out of 5, remaining in the "average" category, with Zurich Cantonal Bank leading and St Gallen Cantonal Bank at the bottom. Despite some progress since 2021, no bank achieved "pioneer" or "visionary" status, particularly struggling in credit and financing activities.
None of the top 15 Swiss retail banks meet international climate and biodiversity targets, scoring an average of only 2.2 out of 5, according to a WWF Switzerland ranking. Zurich Cantonal Bank leads, while St. Gallen Cantonal Bank and Valiant rank lowest. Despite some progress in risk management and investment advice, efforts remain insufficient, particularly in directing funds toward sustainable initiatives, with a significant focus on the climate sector while neglecting biodiversity and pollution issues.
None of the 15 largest Swiss retail banks meet international climate and biodiversity targets, scoring an average of only 2.2 out of 5 in WWF's environmental ranking. While Zurich Cantonal Bank leads the assessment, significant improvements are needed across the sector, particularly in sustainable financial investments and addressing biodiversity impacts. The banking sector's role in financing and crediting remains crucial for climate and nature protection, yet efforts largely focus on climate without adequately considering other environmental issues.
A WWF analysis reveals that major Swiss banks are falling short in their environmental commitments, with none achieving "pioneer" or "visionary" status. The average score was only 2.2 out of 5, despite some progress in credit and financing, risk management, and investment advice. However, efforts remain inadequate, particularly regarding biodiversity and the environmental impacts of real estate financing.
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No Swiss bank meets international climate and biodiversity targets, according to a WWF Switzerland ranking. The largest retail banks scored an average of 2.2 out of 5, with Zurich Cantonal Bank leading. Despite some progress, particularly in credit and financing, efforts remain inadequate, especially regarding biodiversity and environmental impacts.
None of the 15 major Swiss retail banks are meeting international climate and biodiversity targets, according to a WWF Switzerland ranking. The banks scored an average of 2.2 out of 5, placing them in the "average" category, with Zurich Cantonal Bank leading the assessment. Despite some progress since 2021, no bank achieved "pioneer" or "visionary" status, particularly struggling in credit and financing activities.
None of the top 15 Swiss retail banks meet international climate and biodiversity targets, scoring an average of only 2.2 out of 5, according to WWF Switzerland. Zurich Cantonal Bank leads the ranking, while St. Gallen Cantonal Bank and Valiant are at the bottom. Despite some progress in credit and financing, significant challenges remain, particularly in addressing carbon emissions from real estate and the broader impacts on biodiversity and environmental pollution.

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