Mark Carney-launched Net-Zero Banking Alliance votes to shut down

The alliance drew dozens of the world's top banks, including Canada's Big Six, that committed to make their portfolios net-zero by 2050

News on the Net -- Bowen Island Undercurrent, Bio and Archives--October 5, 2025

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TORONTO — A global banking group that Prime Minister Mark Carney launched in 2021 to help fight climate change has voted to shut down.

A spokesperson for the UN-backed Net-Zero Banking Alliance says members voted to end the membership-based structure and instead use the climate guidance the group created as a reference. ---More...

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