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Canada s Big Five missing from new net-zero banking alliance
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Banks, insurers and fund managers that control US$70-trillion of assets have banded together to use their financial might in efforts to speed up the global transition to a net-zero emissions economy with the aim of preventing the worst effects of climate change.
Led by Mark Carney, former governor of the central banks of Canada and England, and now United Nations Special Envoy on Climate Action and Finance, the 160 companies involved have pledged to “mobilize” the trillions of dollars needed to make the changes that will help countries deliver commitments under the Paris Agreement.
The agreement would limit the global temperature rise to 1.5 C to 2 C by achieving net-zero emissions by 2050. Getting to net zero involves simultaneously reducing greenhouse gas emissions and offsetting those that can’t be cut. The financial institutions announced their group, called the Glasgow Financial Alliance for Net Zero, or GFANZ, ahead of the next UN climate summ
CORRECTED: UN Global Compact joins partners to ring the bell for gender equality at more than 100 stock exchanges
March 02, 2021 21:07 ET | Source: United Nations Global Compact United Nations Global Compact New York, New York, UNITED STATES
New York, NY, March 02, 2021 (GLOBE NEWSWIRE) CORRECTION: In the original version of this announcement issued earlier today, the locations of a number of stock exchanges were incorrectly listed. Please find an updated and corrected list of participating exchanges and organizations below. Please also note the total number has increased to 105.
UNITED NATIONS, New York, 2 March 2021 For the seventh consecutive year, the UN Global Compact will participate in Ring the Bell for Gender Equality a collaboration of stock exchanges around the world ringing opening or closing bells to celebrate International Women’s Day on 8 March and promote the Women s Empowerment Principles (WEPs).
UN Global Compact joins partners to ring the bell for gender equality at 99 stock exchanges
UN Global Compact ringing the Nasdaq opening bell on 1 March 2021.
New York, NY, March 02, 2021 (GLOBE NEWSWIRE) UNITED NATIONS, New York, 2 March 2021 For the seventh consecutive year, the UN Global Compact will participate in Ring the Bell for Gender Equality a collaboration of stock exchanges around the world ringing opening or closing bells to celebrate International Women’s Day on 8 March and promote the Women’s Empowerment Principles (WEPs).
The initiative is a partnership between the UN Global Compact, IFC, Sustainable Stock Exchanges (SSE) Initiative, UN Women, the World Federation of Exchanges and Women in ETFs to draw attention to women’s economic empowerment, and the opportunities for the private sector to advance gender equality and sustainable development.
Switching to Responsible Banking - Center for American Progress
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