Members of the Net Zero Banking Alliance (NZBA) have voted to weaken key climate commitments, including removing mandatory targets and a requirement to support the transition towards a net-zero economy. The UN-backed NZBA aims to bring together banks committed to “aligning their lending, investment and capital markets activities with net-zero greenhouse gas emissions by 2050”,…| Global Trade Review (GTR)
The SBTi has released its first net-zero standard for financial institutions, calling for an end to financing fossil fuel expansion.| Global Trade Review (GTR)