Banks quit Carney’s net zero alliance. Giving up net zero ideology should be next
January 28, 2025
This article originally appeared in the Financial Post. In November, InvestNow, the not-for-profit of which I’m executive director, submitted shareholder proposals to Canada’s Big Five banks asking them to exit both the Net Zero Banking Alliance (NZBA) and the Glasgow Financial Alliance for Net Zero (GFANZ). These are two interrelated, UN-sponsored, and Mark Carney-led organizations whose […]