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

  • Unlimited access to real-time news, analysis and opinion from the industry
  • Receive our in-depth monthly magazine in either print or digital format
  • Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
  • Receive important and breaking news stories selected by the Editors in our daily newsletter
  • Hear from industry experts and other forward-thinking leaders
  • Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date

Join now

 

Already a Professional Pensions
member?

Login

More on Investment

Railpen acquires 50% shareholding in AGR Power

Railpen acquires 50% shareholding in AGR Power

Railpen’s partnership with renewable energy firm will help grow AGR’s UK presence

Holly Roach
clock 17 June 2024 • 1 min read
Partner Insight: The importance of going global for real estate

Partner Insight: The importance of going global for real estate

With only 5% of investable real estate found in the UK, is it time investors looked abroad as they would with equities and bonds?

Sarka Halas
clock 14 June 2024 • 3 min read
Stories of the week: Party manifestos; Mercer acquires Cardano; DB surpluses grow

Stories of the week: Party manifestos; Mercer acquires Cardano; DB surpluses grow

Labour manifesto pledges pension review and climate action; Mercer to acquire Cardano; Conservative manifesto unveils pensions tax pledge

Sarka Halas
clock 14 June 2024 • 1 min read
Trustpilot