A coalition formed to align the international banking sector’s investments with global climate goals has disbanded nearly four years after it was launched. Set up in 2021, the Net-Zero Banking ...
UBS Group said it left the Net-Zero Banking Alliance, becoming the latest big bank to exit the industry climate group. The Swiss bank follows in the footsteps of peers like JPMorgan, Citigroup, HSBC ...
After the Net Zero Banking Alliance became the latest climate alliance to close its doors, its supporters put on a brave face ...
The Net-Zero Banking Alliance, a UN-backed initiative seeking carbon neutral investments by banks, announced Friday its immediate shutdown -- at a time of faltering climate commitments in the United ...
Another business-led effort to fight climate change is unraveling. On Aug. 27, 2025, the Net-Zero Banking Alliance suspended its activities after several major U.S. and European banks backed out.
The Net Zero Banking Alliance is shutting down. The announcement comes after several defections from large banking institutions, the Net Zero Banking Alliance stated. The alliance confirmed that it ...
Banks including JPMorgan, Citi and UBS left the NZBA in the past year as they faced pressure from the Trump administration to ditch green pledges. Royal Bank of Canada Third-Quarter Results Buoyed by ...
“The house of cards is collapsing, and strengthens ACT’s call that either Paris needs to change, or we need to leave,” says ...
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