Glasgow Financial Alliance for Net Zero (GFANZ)

  • A recent analysis shows banks and financial institutions, a part of the GFANZ initiative, continue to invest billions in fossil fuels.
  • GFANZ is a global coalition of leading financial institutions committed to accelerating the decarbonization of the economy.
  • GFANZ was launched in April 2021 to coordinate efforts across all sectors of the financial system to accelerate the transition to a net-zero global economy.
  • It provides the tools and resources the financial sector needs to implement its net-zero commitments.
  • It estimates a requirement of USD 100 trillion of finance for global net zero by ....
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