The industry-led, UN-convened Net-Zero Banking Alliance brings together a global group of banks , currently representing over 40% of global banking assets, which are committed to aligning their lending and investment portfolios with net-zero emissions by 2050. Combining near-term action with accountability, this ambitious commitment sees signatory banks setting intermediate targets for 2030 or sooner using robust, science-based guidelines.
The Alliance reinforces, accelerates and supports the implementation of decarbonisation strategies, providing an internationally coherent framework and guidelines in which to operate, supported by peer-learning from pioneering banks. It recognises the vital role of banks in supporting the global transition of the real economy to net-zero emissions.
The Alliance is convened by the UN Environment Programme Finance Initiative , and is a part of the Race to Zero . In addition, the Alliance also executes coordinated advocacy and alignment as the banking element of the Glasgow Financial Alliance for Net Zero and the climate-focused element of the Principles for Responsible Banking .
Commitment
The commitment and guidelines
Members
The pioneering banks in the Alliance
Join us
Become a member of the Alliance
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