Tag: Net-Zero Banking Alliance

Banks Face Credibility Crisis as Net Zero Targets Risk Becoming Hollow

Banks face mounting scrutiny as the Net Zero Banking Alliance suspends operations, raising fears of “zombie” net zero targets. Wit...

UBS Exits Net Zero Banking Alliance Amid Scrutiny

UBS leaves NZBA, joining major banks exiting amid political, regulatory pressure and shifts in climate strategy.

NZBA Retreats From 1.5°C, Eases Climate Targets

NZBA shifts from 1.5°C to below 2°C goal, citing slow policy progress and challenges in sectoral decarbonization.

JPMorgan Exits Net-Zero Banking Alliance Amid Pressure

JPMorgan exits Net-Zero Banking Alliance, following other U.S. banks, focusing on low-carbon solutions independently.