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RBC becomes latest Canadian lender to quit global climate coalition

submitted by dosvydanya_freedomz to Weather 2 monthsFeb 3, 2025 17:07:53 ago (+5/-0)     (finance.yahoo.com)

https://finance.yahoo.com/news/canadas-rbc-leaves-climate-finance-181915495.html

banking 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


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