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Finance coalition commits US$130T to reaching net-zero

THE global finance industry made commitments to direct the vast sums of capital at their disposal towards energy transition and fighting climate change overnight at COP26, but analysts and activists are questioning the credibility of their claims.

Finance coalition commits US$130T to reaching net-zero

A group led by former Canadian central banker Mark Carney said that financial firms with US$130 trillion under management would vow to reach net-zero CO2 emissions by 2050. The group, known as The...

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