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
GFANZ set to announce work on incorporating nature in transition plans
Financial institutions are keen to get involved in discussions on nature in transition plans, GFANZ's Joy Williams tells RI.
GFANZ APAC to back review of FI coal policies to support phase-out
Separately, a methodology for coal phase-out 'transition credits' is set to be released at COP28.
Net zero not our sole responsibility, say UK GFANZ members
Carbon Tracker has criticised government policies for giving ‘mixed messages’ on climate change.
GFANZ alliance quietly creates ‘observer category’ for non-members
Net Zero Financial Services Providers Alliance lags on target-setting frameworks, removes references to credit rating agencies from its website.
GFANZ requires ‘careful repositioning’ to work, says PRI’s Fabian
Big asset managers committing to 2050 net-zero targets was ‘frankly never going to work’, says responsible investment body’s chief sustainable systems officer at Oxford event.
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