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Date Time Share Mark Carney, UN Race to Zero campaign and COP26 Presidency launch Net Zero Financial Alliance with world’s biggest banks The Glasgow Financial Alliance for Net Zero (GFANZ), chaired by Mark Carney, UN Special Envoy on Climate Action and Finance, unites over 160 firms (together responsible for assets in excess of US$70 trillion) from the leading net zero initiatives across the financial system to accelerate the transition to net zero emissions by 2050 at the latest. All GFANZ member alliances must be accredited by the UN Race to Zero campaign. They must use science-based gu...

Financial services leaders team up to launch net zero alliance Former BoE Governor Mark Carney is leading the charge on the latest net-zero alliance of financial services leaders. (Getty Images) Leading financial services firms have today announced the launch of a new alliance to reach net zero emissions ahead of President Biden’s climate summit.  The Glasgow Financial Alliance for Net Zero (GFANZ) will bring together existing and new net zero initiatives and will be made up of 160 of the world’s biggest banks, asset managers and insurers with assets in excess of $70 tri...

Industry-led Carbon Offset Taskforce ‘Fails To Address Big Fears’ An initiative led by former Bank of England governor Mark Carney is failing to address climate campaigners’ concerns about the validity of carbon credits. Jan 28, 2021 @ 06:27 The legitimacy of an industry-led taskforce’s recommendations for scaling up the voluntary carbon offset market has been questioned by climate campaigners, who are concerned they prioritise growing the market over ensuring it is environmentally effective. The Taskforce on Scaling Voluntary Carbon Markets, led by former Bank of England governor Mar...

Mark Carney responds to mounting criticism of 'net zero' claims Mark Carney is a vice-chair at Brookfield and also UN Special Envoy for Climate Action and Finance Carney concedes avoided emissions do not count toward science-based net zero targets, despite previously claiming asset manager Brookfield is 'net zero today' due to its investments in renewables Mark Carney has responded to mounting criticism of his recent claim that Brookfield - the Canadian investment giant for which he is a board member - is "net zero today", despite the fact it holds billions... To continue reading... The lates...

Net Zero Nature brings together global experts, business leaders, NGO’s and innovators to explore why protecting and restoring nature is fundamental to global economic prosperity, investigate the transformative changes businesses must make now to avoid extinction, and consider best practices and latest developments. Register now to secure your place for a unique day of learning, leadership and practical insight. Date: 27 May 2021