Mark Carney speaks during the Canada 2020 Net-Zero Leadership Summit in Ottawa on April 19, 2023. THE CANADIAN PRESS/Sean Kilpatrick
A global banking alliance founded by Prime Minister Mark Carney in 2021 to prioritize lending and investment to meet net-zero emissions targets has voted to end its operations.
The U.N.-backed Net-Zero Banking Alliance (NZBA) says members voted to end the membership-based structure and instead use the climate guidance the group created as a reference. The alliance is disbanding immediately, after having already suspended its work at the end of August.
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