To print this article, all you need is to be registered or login on Mondaq.com. 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