Latest News from the Alliance
The Use of Carbon Credits in Climate Target Setting
To support Net-Zero Banking Alliance (NZBA) member banks in developing targets, the Alliance has developed this short paper to provide clarification on the already-published Guidelines for Climate Target Setting for ... Read More
Singapore’s OCBC to stop funding oil, gas projects
Singapore's OCBC bank has announced its latest decarbonisation goals, under which it will stop financing upstream oil and gas projects that received approval for development after 2021 ... Read More
The NZBA at COP27: Achievements and Action
The 27th Conference of Parties (COP27) to the United Nations Framework Convention on Climate Change ended on 18 November with signals of important progress and clear steps for more ambitious ... Read More
Net-Zero Banking Alliance first progress report: significant achievement with over 50% setting intermediate decarbonisation targets
The first progress report delivered by the NZBA since its launch in April 2021 aggregates the intermediate 2030 targets set by over 60 members of the Alliance and reiterates its ... Read More
COP27 and beyond: An open letter from the NZBA Chair to members
Dear Net Zero Banking Alliance members, As we approach COP27, I thought it was a useful time to take stock of what we have achieved as the Net Zero Banking ... Read More
Pursuing the Future of Net-Zero Banking
By this point, the climate science is irrefutable: the world needs to take urgent action to tackle climate change and limit warming to 1.5°C above pre-industrial levels. But our current ... Read More
Frequently Asked Questions
Media Contacts
- Adrienne Cleverly, Communications Lead, Net-Zero Banking Alliance, UNEP FI
- Sally Wootton, Communications Lead, UNEP FI
Launch event
The Net-Zero Banking Alliance was launched on the 21st April 2021 at the US Climate Action Week, where political and finance leaders came together to launch the Glasgow Finance Alliance for Net Zero.