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 ...

This is your first of three free stories this month. Become a free or sustaining member to read unlimited articles, webinars and ebooks. Once an outdoor educator, Laura Wildenborg spent 10 years ...

Following the Paris Agreement, the United Nations and world leaders began a push to reduce greenhouse gas emissions to “net zero.” This resulted in a series of IGO and NGOs aimed at changing the ...

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, ...

Journal Editorial Report: The president believes his legacy is the color green. Photo: Manuel Balce Ceneta/Associated Press The climate policy retreat is accelerating as Citigroup, Bank of America and ...

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 ...

JPMorgan Chase, the biggest bank in the United States, announced it is abandoning the U.N. Net-Zero Banking Alliance on Tuesday, joining the nation’s other five largest banks in a major institutional ...

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 ...

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 ...

Kentucky's state government has implemented policies to protect the retirement funds of public workers. These policies prioritize financial security over environmental, social, and governance (ESG) ...

The paper shows that banks with greater exposure to carbon-intensive borrowers already pay higher costs for short-term ...