‘Banks make net zero pledges but don’t give up on fossil fuels’

A new report says more hundreds of billions is still invested from GFANZ members

‘GFANZ companies investing in sectors linked with deforestation’

This is to the tune of $8.5bn according to new research

GFANZ launches voluntary guidelines for financial groups in net zero drive

Its report found a seven-fold increase is required for clean energy investments in emerging and developing economies for the world to be on track to reach net zero by 2050

GFANZ publishes guidance for net zero investors

It is also looking to assess and aid with emissions targets for businesses

MPs launch inquiry into financial sector’s role in UK’s net zero transition

The Environmental Audit Committee believes financial institutions in the UK could play a potentially pivotal role in supporting reductions in fossil fuel extraction

Taskforce launched to track financial firms’ net zero plans

It will require these companies to publish clear plans on how they hope to achieve net zero by 2050

COP26 saw an 82% increase in climate active businesses

The UNFCCC has revealed that registrations for the GCAP jumped by 22% last year, with more than 7,300 businesses getting involved

Global financial industry calls for more climate action from G20 ahead of COP26

GFANZ, which represents $90tn in global assets, has published a report of the further action that needs to be done by G20 governments to achieve net zero aims

Global financial powerhouses team up to launch new net zero alliance

The members of the Net Zero Financial Service Providers Alliance have committed to align their services and products to improve consistency in financial decision-making with achieving a net zero economy by 2050