'Mobilising capital': GFANZ shifts focus, as exodus of US banks from net zero groups gathers pace

James Murray
clock • 7 min read
'Mobilising capital': GFANZ shifts focus, as exodus of US banks from net zero groups gathers pace

Glasgow Financial Alliance for Net Zero announces plan to restructure and ramp up efforts to boost clean energy investment, but campaigners warn group is watering down membership criteria

The Glasgow Financial Alliance for Net Zero (GFANZ) has announced a shift in its focus, which will see the influential coalition of financial firms work with any institution "working to mobilise capital...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Investment

Onsite renewables specialist Wattstor secures £50m boost

Onsite renewables specialist Wattstor secures £50m boost

UK firm secures debt facility from Aldermore Bank to support 'next phase' of its growth

BusinessGreen staff
clock 13 January 2026 • 2 min read
Elements Green acquires 149MW Bolney Green Energy

Elements Green acquires 149MW Bolney Green Energy

Elements Green said latest acquisition cements its position as a 'leader in large-scale energy infrastructure'

clock 13 January 2026 • 3 min read
Study: World's most influential firms could mobilise more than $1.3tr in low carbon investment

Study: World's most influential firms could mobilise more than $1.3tr in low carbon investment

New World Benchmarking Alliance finds many of the world’s biggest companies are making 'impressive progress', but too many are struggling to deliver on climate pledges

Stuart Stone
clock 13 January 2026 • 3 min read