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The NZBA was bad news for climate finance

TheBanker.com · last updated

The writer is executive director of non-profit BankTrack

The announcement last Friday that the Net-Zero Banking Alliance is disbanding with immediate effect has sent shockwaves through the sustainable finance community. For some, it is a dark day for climate action in the financial sector. For others — myself included — it is a long-overdue reckoning.

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