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 ...

The United Nations Environment Programme Finance Initiative has published a 2024 progress report produced by the Net-Zero Banking Alliance. Launched in 2021, the NZBA is a bank-led alliance of 144 ...

(Michael M. Santiago/GETTY IMAGES NORTH AMERICA/Getty Images via AFP) The Net-Zero Banking Alliance, a UN-backed initiative seeking carbon neutral investments by banks, announced Friday its immediate ...

The Net Zero Banking Alliance is a partnership of banks dedicated to reaching net-zero greenhouse gas emissions by 2050. The Alliance is certainly weakened without the major American banks. That said, ...

After the Net Zero Banking Alliance became the latest climate alliance to close its doors, its supporters put on a brave face ...

Financial giant Morgan Stanley is the latest bank to depart the Net-Zero Banking Alliance (NZBA), according to a company spokesperson. The UN-backed initiative represents a group of financial ...

U.S. banks Citigroup and Bank of America said on Tuesday they are exiting the Net-Zero Banking Alliance (NZBA), a group of global banks that have pledged to curb greenhouse gas emissions. They follow ...

Bethany Blankley is a contributor to The Center Square. THE CENTER SQUARE—Within one month of each other, six of the largest U.S. banks left the United Nations Net-Zero Banking Alliance not soon after ...

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 ...

Texas Attorney General Ken Paxton addresses the Conservative Political Action Conference in February. The Republican on Friday lauded Wells Fargo's move to leave the Net-Zero Banking Alliance, ending ...

Wall Street's largest banks simultaneously exited the same net-zero climate alliance that was probed by Republican lawmakers last year, announced just weeks before President-elect Donald Trump will be ...

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 ...