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Two new net zero alliances for the financial sector were
launched on April 21, 2021: The Glasgow Financial Alliance for Net
Zero (
GFANZ) and the Net-Zero Banking Alliance
(
NZBA). The launch of these two alliances will
bring about coordinated commitments across the financial
system that are subject to transparent reporting and accounting in
line with the Race to Zero criteria.
We highlight key aspects of GFANZ and NZBA in this Blog
Post.
GFANZ
GFANZ brings together over 160 leading financial firms
responsible for assets exceeding USD 70 trillion from existing and