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Historic alliance will draw on U.S. leadership in climate finance, will be announced in conjunction with the White House Climate Summit
Amalgamated Bank today announced that it is a founding member of the Net Zero Banking Alliance, part of the Glasgow Finance Alliance for Net Zero. Amalgamated played a key role in the formation of the Alliance. The Net Zero Banking Alliance will be introduced in conjunction with the Biden Administration s Climate Summit and is designed to utilize the power of the financial sector to meet international goals to reduce carbon emissions in accordance with the Paris Agreement.