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Mark Carney, UN Race to Zero campaign, COP26 Presidency launch Net Zero Financial Alliance
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SCOR accelerates its transition to Net-Zero and announces ambitious carbon reduction targets for its invested assets
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Earth Day Summit: Biden opens with pledge to slash US emissions
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By Susanna Rust2021-04-21T11:52:00+01:00
A global alliance bringing together existing and new net-zero finance initiatives into a single sector-wide strategic form was launched today by high-level UK, UN and US figures.
Mark Carney, the UK prime minister’s finance advisor for COP26 and UN special envoy for climate action and finance, plus US presidential climate envoy John Kerry and Janet Yellen, Treasury Secretary, are among those named as involved in the launch, which comes on the eve of US president Joe Biden’s climate leaders summit.
The new forum, dubbed the Glasgow Financial Alliance for Net Zero (GFANZ), unites the UN-convened Net-Zero Asset Owner Alliance and the newer Net-Zero Asset Managers initiative.