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News round-up: JP Morgan sets Paris targets, IEA updates flagship report, UK regulator launches scenario research... and more

JP Morgan releases targets for 'Paris-aligned financing' goal

Bank of America becomes third US lender to join carbon accounting initiative

Bank of America (BoA) has joined the Partnership for Carbon Accounting Financials (PCAF), the third major US lender to join the initiative in the past week, as pressure builds on financial institutions to tackle the emissions of their lending and investment portfolios.