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GFANZ
Significant majority of banks back new release, which includes facilitated emissions, but greener members retain concerns.
Triodos and Ecology Building Society will remain members of GFANZ alliance despite threats of COP departure.
Net Zero Financial Services Providers Alliance lags on target-setting frameworks, removes references to credit rating agencies from its website.
US responsible investment firm cites legal and compliance concerns over net-zero pledge.
The Swiss insurer is the second to drop out of initiative following Munich Re last week.
It comes as NGOs are 'extremely concerned' over change to GFANZ target setting requirements.
ShareAction, UKSIF, E3G and ClientEarth respond to calls for evidence from cross-party parliamentary group on financial sector net zero pledges.
Minister voices hope that the UK could be first country to mandate TNFD reporting; move to Canada confirmed for COP15.
Members have asked for a public statement on their fossil fuel and investment in renewable energy technologies policies.