WFW advising banks on aviation decarbonisation

Law firm Watson Farley & Williams is advising RMI and banks on developing a finance framework to support decarbonisation in aviation. The lenders include Bank of America, BNP Paribas, Citibank, Crédit Agricole CIB, Société Générale and Standard Chartered Bank, WFW said. RMI describes itself as “an independent, non-partisan, nonprofit” made up of “experts across disciplines working to accelerate the clean energy transition and improve lives.” The framework “represents a commitment by participating financial institutions to annually assess and disclose, consistent with the UN-convened Net-Zero Banking Alliance, the degree to which the greenhouse gas emissions from the aircraft, airlines and lessors