Tag: Canada banks


  • Carney-led Net-Zero Banking Alliance collapses after mass member exodus

    Carney-led Net-Zero Banking Alliance collapses after mass member exodus

    The rise and fall of the NZBA Carney-championed and global in reach, the Net-Zero Banking Alliance (NZBA) was formed in April 2021 as part of a broader push to align lending with climate goals. Then-United Nations special envoy on climate action and finance, Mark Carney, helped bring together 63 financial institutions from 32 countries, representing…