news

4th October 2025 News

Hand holding icon of Earth. Concept day earth Save the world save environment. Ecology concept. 2050 year, Net zero and carbon neutral concept.

The UN’s Net-Zero Banking Alliance, which was meant to get banks to align their financing with climate goals, shut down because too many big banks—especially in the U.S. and Europe—quit under political and business pressure. It’s no longer a membership group, but it will keep offering guidance to banks on how to set net-zero targets. Source: ESG Today — Net-Zero Banking Alliance ceases operations

ESG Research Foundation