RBC becomes latest Canadian lender to quit global climate coalition
(finance.yahoo.com)https://finance.yahoo.com/news/canadas-rbc-leaves-climate-finance-181915495.htmlbanking sector climate coalition, a spokesperson for the lender said on Friday, after a similar move by domestic >banking peers.
The Net-Zero Banking Alliance, a UN-sponsored initiative set up by former Bank of Canada Governor Mark Carney, was >launched in 2021 to encourage financial institutions to limit the effects of climate change and push toward >achieving net-zero emissions.
wonder what made them change their minds