Major U.S. Banks Exit Climate Alliance Amid Political Pressure
08.01.2025, 19:00
In a significant shift, several major U.S. banks, including JPMorgan, Bank of America, and Citigroup, have withdrawn from the Net-Zero Banking Alliance (NZBA), a global coalition aimed at promoting sustainable finance and achieving net-zero carbon emissions by 2050. This wave of departures has been...