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Ahead of Trump presidency, U.S. banks abandon Mark Carney climate initiative

Ahead of Trump presidency, U.S. banks abandon Mark Carney climate initiative

All major U.S. banks have quit a climate initiative known as the Net-Zero Banking Alliance. Formed in 2021 as a subgroup of a Mark Carney-led climate finance group, it now faces an uncertain future, even as Canadian and European banks remain for now.

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