'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

Ecology Group acquires Urban Edge Environmental Consulting

Ecology Group acquires Urban Edge Environmental Consulting

Deal marks the environmental consultancy's tenth acquisition since it was founded in spring 2025

BusinessGreen staff
clock 13 August 2026 • 2 min read
Metal Morph raises £700K backing to recover aluminium and chemicals from wastewater

Metal Morph raises £700K backing to recover aluminium and chemicals from wastewater

London-based firm announces results of pre-seed funding round co-led by Sustainable Ventures and Green Angel Ventures, with participation from Aqcelerator and Found Capital

Stuart Stone
clock 13 August 2026 • 3 min read
Santander UK finances two battery energy storage systems

Santander UK finances two battery energy storage systems

Bank backs Brockwell Energy's first BESS project in East Ayrshire and provides £42.7m to battery tipped to be among the largest in the UK

clock 07 August 2026 • 3 min read