Banking alliance aimed at limiting fossil fuel investments collapses

Mongabay
Oct 17, 2025, 3:13 pm315 ptsTop
A coalition formed to align the international banking sector’s investments with global climate goals has disbanded nearly four years after it was launched. Set up in 2021, the Net-Zero Banking Alliance (NZBA) was a U.N.-sponsored initiative to shift bank financing away from fossil fuels — the biggest source…

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