• Atmospheric CO2 /Parts per Million /Annual Averages /Data Source: noaa.gov

  • 1980338.91ppm

  • 1981340.11ppm

  • 1982340.86ppm

  • 1983342.53ppm

  • 1984344.07ppm

  • 1985345.54ppm

  • 1986346.97ppm

  • 1987348.68ppm

  • 1988351.16ppm

  • 1989352.78ppm

  • 1990354.05ppm

  • 1991355.39ppm

  • 1992356.1ppm

  • 1993356.83ppm

  • 1994358.33ppm

  • 1995360.18ppm

  • 1996361.93ppm

  • 1997363.04ppm

  • 1998365.7ppm

  • 1999367.8ppm

  • 2000368.97ppm

  • 2001370.57ppm

  • 2002372.59ppm

  • 2003375.14ppm

  • 2004376.96ppm

  • 2005378.97ppm

  • 2006381.13ppm

  • 2007382.9ppm

  • 2008385.01ppm

  • 2009386.5ppm

  • 2010388.76ppm

  • 2011390.63ppm

  • 2012392.65ppm

  • 2013395.39ppm

  • 2014397.34ppm

  • 2015399.65ppm

  • 2016403.09ppm

  • 2017405.22ppm

  • 2018407.62ppm

  • 2019410.07ppm

  • 2020412.44ppm

  • 2021414.72ppm

  • 2022418.56ppm

  • 2023421.08ppm

Briefs

AIB’s green lending swells by 65% to record €3.3bn

Allied Irish Bank’s (AIB) new green lending grew by 65% to €3.3bn in 2022, accounting for 26% of all new lending, while its green mortgage products represented 28% of new mortgage lending.

AIB said today the group also set carbon reduction targets for €43.5bn of its customer loans representing 75% of its lending portfolio. 

AIB’s 2022 Sustainability Report disclosed the bank’s carbon emissions reduction targets on its residential mortgages, commercial real estate and corporate loan books by 2030. 

The bank is aiming for a reduction in emissions intensity of 58% per square metre on homes funded by €29.4bn of residential mortgages and 67% per square metre on commercial real estate funded by €5.6bn of loans.

The bank previously pledged that 70% of its new lending will be green or transition by 2030.

AIB’s chief sustainability officer Mary Whitelaw said: “Tackling climate change is the major challenge facing our generation. We firmly believe that enabling our customers to lower their carbon footprint over the short, medium and long term is a priority than can only be achieved through major investment in energy and climate action infrastructure.”

According to a statement from 2022, the Irish government is aiming to transform Ireland into a leading European sustainable finance centre.

Content Tags: Banking  Private Markets  UK  Ireland  In-Brief 

Related Content