Ahead of Trump presidency, U.S. banks abandon Mark Carney climate initiative
All major U.S. banks have quit a climate initiative known as the Net-Zero Banking Alliance. Formed in 2021 as a subgroup of a Mark Carney-led climate finance group, it now faces an uncertain future, even as Canadian and European banks remain for now.
"Right here, right now, is where finance draws the line," proclaimed Mark Carney, the UN special envoy for climate action, in 2021, on stage at the UN Climate Change Conference in Glasgow.
More than 160 financial institutions signed onto a kind of cl... [6075 chars]
Published by: CBC.ca
Read full article here: https://www.cbc.ca/news/climate/carney-esg-climate-finance-1.7428281
