Glasgow Financial Alliance for Net Zero: Campaigners voice fears group is becoming a 'smokescreen'

James Murray
clock • 4 min read
Glasgow Financial Alliance for Net Zero: Campaigners voice fears group is becoming a 'smokescreen'

Leading campaign groups write to co-chairs Mark Carney and Michael Boomberg urging them to strengthen membership requirements for financial firms still investing in coal

Campaigners today marked the first anniversary of the launch of the Glasgow Financial Alliance for Net Zero (GFANZ) by writing to the group's co-chairs Mark Carney and Michael Bloomberg to call for urgent...

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

James Murray
Author spotlight

James Murray

View profile
More from James Murray

The EU's new climate targets are flawed, but they deserve celebrating

'Pragmatic and realistic': European Commission proposes target to cut EU emissions 90 per cent by 2040

More on Investment

Study: Green transition to boost productivity across the UK economy
Energy

Study: Green transition to boost productivity across the UK economy

Clean energy transition will deliver benefits for the power, transport, and heating sectors that will create positive ripples across the economy, new analysis predicts

Stuart Stone
Stuart Stone
clock 03 July 2025 • 3 min read
Climeworks raises further $162m in support of carbon removal plans
Venture Capital

Climeworks raises further $162m in support of carbon removal plans

Direct air capture start-up takes total funds raised to date past the $1bn mark, as it secures this year's largest carbon removal investment round

Stuart Stone
Stuart Stone
clock 02 July 2025 • 3 min read
'Nature is a critical, income-generating asset': WYPF commits £25m to nature infrastructure fund
Investment

'Nature is a critical, income-generating asset': WYPF commits £25m to nature infrastructure fund

West Yorkshire Pension Fund to back Rebalance Earth's fund, which is said would monetise ecosystems such as flood mitigation and water purification

Holly Roach, Professional Pensions
clock 01 July 2025 • 2 min read