With a key alliance in limbo, banks are risking ‘zombie’ net-zero targets

Trellis
By Elsa WenzelSep 4, 2025, 11:39 am261 ptsTop
The demand is straightforward, if not simple: To slow climate change, stop funding fossil fuels now, not decades from now. That’s what the International Energy Agency said in May 2021, only a month after 43 banks launched the Net Zero Banking Alliance (NZBA). To some, the group’s formation, amid a flurry of…

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