COP26: $130trn committed to net zero by finance sector

Carney says 'we now have the essential plumbing in place'.

Kathleen Gallagher
clock • 2 min read
UN special envoy for climate action Mark Carney.
Image:

UN special envoy for climate action Mark Carney.

The Glasgow Financial Alliance for Net Zero (GFANZ) has unveiled a progress report claiming 450 financial firms across 45 countries are now committed to net zero.

UN special envoy for climate action Mark Carney said is the "essential plumbing" necessary for the sector to achieve its goals. The financial sector has now committed $130trn towards net zero,...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Join now

 

Already a Professional Pensions
member?

Login

More on Investment

Chancellor sets out plans to move to T+1 standard for settling securities trades

Chancellor sets out plans to move to T+1 standard for settling securities trades

Move will bring UK in line with international markets and come into force from 2027

Jonathan Stapleton
clock 19 February 2025 • 2 min read
Partner Insight: LGPS - Going for gold ?

Partner Insight: LGPS - Going for gold ?

In the first of two articles, the World Gold Council attempt to demystify gold as an investable asset for LGPS funds.

World Gold Council
clock 19 February 2025 • 6 min read
Mercer to acquire SECOR Asset Management

Mercer to acquire SECOR Asset Management

SECOR’s 40-plus team will join Mercer once the deal completes

Jonathan Stapleton
clock 18 February 2025 • 1 min read
Trustpilot