Top Canadian Banks Quit Global Climate Coalition

Top Canadian Banks Quit Global Climate Coalition Ahead of Trump Inauguration
The departures from the Net-Zero Banking Alliance began with Goldman Sachs' announcement on Dec. 6 and come ahead of Donald Trump's return to the White House next week. Trump has been critical of efforts by governments to prescribe climate-change policies.
Canada's TD, BMO, National Bank quit global climate coalition ahead of Trump inauguration
By Nivedita Balu TORONTO (Reuters) -TD Bank, Bank of Montreal and National Bank of Canada said on Friday they were withdrawing from the Net-Zero Banking Alliance, joining the big-six U.S. banks in quitting the banking sector climate coalition.
Canadian and U.S. Banks Exit Climate Alliance Amid Policy Shifts
Four major Canadian banks and six U.S. banking giants have withdrawn from the Net-Zero Banking Alliance (NZBA), a UN initiative aimed at driving net-zero emissions. The departures began with Goldman Sachs announcement
BMO withdraws from banking climate alliance ahead of Trump inauguration
TORONTO — Bank of Montreal has withdrawn from the UN-backed Net-Zero Banking Alliance that aims to accelerate climate action among financial institutions.
Canada's TD, BMO, National Bank withdraw from Net-Zero Banking Alliance
By Nivedita Balu TORONTO (Reuters) -TD Bank, Bank of Montreal and National Bank of Canada said on Friday they were withdrawing from the Net-Zero Banking Alliance (NZBA), joining the big six US banks in quitting the banking sector climate coalition.

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