Paris, Oct 3, 2025 (AFP) - UN-backed climate banking alliance ceases operations 'immediately'

NAMPA / AFP

2025-10-03

The Net-Zero Banking Alliance, a UN-backed group of banks that vowed to make their business align with net-zero emissions, announced Friday that it was "immediately" ceasing operations. The NZBA had paused its activities in late August while waiting for the result of a vote by its members, with some having already defected since last year. "Members of the Net-Zero Banking Alliance (NZBA) have voted to transition from a member-based alliance and t......

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