NZBA’s fate to be decided by the end of September
The alliance has paused its activities while remaining members vote on its future.
The fate of the Net Zero Banking Alliance hangs in the balance after a raft of major banks decided to end their membership this year. Its new shape is set to be announced by the end of September.
Remaining members have been asked to vote on a proposed transition away from a membership-based alliance where members commit to climate targets to a new framework initiative simply sharing guidance on how banks can contribute to the climate transition.
