Investing in Renewable Energy
Expanding renewable energy, such as wind and solar power, is a key element of improving air quality and the sustainability of the mix of our energy sources. As a market leader in the financing of wind and solar generating capacity, JPMorgan Chase expects to grow its renewable energy investments as the demand for clean energy continues to increase.
J.P.Morgan's Impact in the U.S. Renewable Energy Industry
|J.P. Morgan's impact on the wind power capacity in the U.S. The total installed wind capacity of more than 6,500 megawatts can power close to 1.9 million U.S. homes annually, and represents more than 16% of total installed wind power capacity in the United States.|
Reducing Greenhouse Gas Emissions through Market-Based Mechanisms
As a global company, JPMorgan Chase recognizes the international consensus to reduce greenhouse gas emissions and is proud to be a major participant in the global market for emission reductions established by the Kyoto Protocol. To help our clients manage the risk of a carbon price, JPMorgan Chase's wholly-owned independent subsidiary, EcoSecurities, originates and manages the world's largest portfolio of emission reduction projects eligible to be used for compliance under the European Union's Emission Trading Scheme and other national programs. While achieving additional, verifiable and permanent emission reductions is the primary objective of EcoSecurities' projects, through creativity and partnerships with others we are able to achieve meaningful social co-benefits such as reducing poverty, improving air quality and reducing respiratory disease, to take one example.
Learn more in the Following Case Studies
As part of JPMorgan Chase's climate change risk management strategies, the Environmental Markets Group helps clients structure and manage complex exposures to carbon and other environmental regulatory risks.