Launched in 2021 at COP26, the Glasgow Financial Alliance for Net Zero (GFANZ) is a coalition of financial institutions committed to net zero. The initiative has several sub-alliances covering asset owners, asset managers, financial service providers and banks. This page features our coverage of the various net-zero groups, their progress to meet targets, new members and alliance exits, and wider developments.
LATEST GFANZ NEWS
Danish pension fund leaves Net-Zero Asset Owner Alliance
The exit marks the initiative’s fourth departure in two years.
TNFD and GFANZ to launch consultations on nature and transition plans
TNFD to focus on nature transition plans, GFANZ to look at nature in the net-zero transition plan framework.
GFANZ APAC joins Singapore central bank coal phase-out project
Regional GFANZ chapter will also work on policy initiative and 'voluntary guidance' on transition strategies.
NZBA staves off green bank departures but concerns remain about new guidelines
Significant majority of banks back new release, which includes facilitated emissions, but greener members retain concerns.
Wavering green banks give NZBA temporary reprieve
Triodos and Ecology Building Society will remain members of GFANZ alliance despite threats of COP departure.
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