NZBA

NZBA waters down ambition amid worsening outlook

This week the United Nations-convened Net Zero Banking Alliance (NZBA) overwhelmingly voted in favour of abandoning its commitment to “transition all…attributable GHG emissions from our lending and investment portfolios to align with pathways to net-zero by...

Ditching net zero is a dangerous gamble for Japan’s megabanks

MUFG and SMBC's UN climate exit signals a troubling retreat from sustainability Eri Watanabe is a senior Japan energy finance campaigner at Market Forces, a clean energy finance advocacy group working across Asia and Australia. Japan's two largest banks, MUFG and...