Glasgow Financial Alliance for Net Zero
Mobilizing capital and driving transition finance opportunities and solutions
The Glasgow Financial Alliance for Net Zero (GFANZ) is an independent, private-sector-led initiative focused on mobilizing capital and removing barriers to investment in the global transition.
GFANZ brings together financial sector firms that recognize the opportunity created by the transition – including banks, insurers, asset owners, asset managers, and service providers. It helps drive transition finance and unlock private capital at scale through support for capacity building and the development of innovative financing opportunities and solutions.
Led by financial institutions
A Principals Group composed of CEOs from major firms approves the strategic direction of GFANZ, which is globally active through its Regional Networks in Africa, Asia Pacific, and Latin America & Caribbean, as well as Chapters in Brazil, the Caribbean, Japan, and Hong Kong.
Latest news
COP28 Presidency, GFANZ and VCMI Commit to Working with Businesses, and Other Stakeholders to Grow High-Integrity Demand in Voluntary Carbon Markets
Statement from GFANZ Co-Chairs and Vice Chair on the U.S. Treasury’s Net Zero Financing & Investment Principles
GFANZ Launches Consultation on Transition Finance Strategies and Measuring the Impact on Emissions
GFANZ Africa Network, African Development Bank Announce Climate Action Partnership
GFANZ Announces Hong Kong Chapter to Support Asia-Pacific Net-Zero Transition
Key outcomes from High-Level Roundtable on Voluntary Carbon Markets co-hosted by COP28, GFANZ, and IIF
Statement from International Monetary Fund Managing Director, COP28 President-Designate, President of the World Bank Group, and UN Special Envoy for Climate Action and Finance
Key outcomes from a High-Level Roundtable on Voluntary Carbon Markets at The Summit for a New Global Financing Pact
Publications
Your source for transition guidance
GFANZ regularly publishes transition planning resources for financial institutions, including guidance on net-zero transition plans, sectoral pathways, real-economy transition plans, portfolio alignment measurement, and the managed phaseout of high-emitting assets. Visit our Publications section to view and download our reports.
Publications
Explore our current areas of focus
GFANZ regularly publishes resources in the areas of financial institution net-zero transition plans, mobilizing capital for emerging markets and developing economies, and net-zero public policy. Visit our Publications section to review and download our reports.
GFANZ 2024 Progress Report
This GFANZ Progress Report outlines the progress made in 2024 and how that momentum can be sustained. This year, GFANZ continued to provide financial institutions with tools, frameworks, and voluntary guidance to support the net-zero transition, which bolsters economic growth and manages the financial risks of climate change. Our work will continue to evolve and reflect the needs of financial institutions and support opportunities to accelerate the transition to a sustainable and prosperous global economy.
Scaling Transition Finance and Real-economy Decarbonization, Supplement to the 2022 Net-zero Transition Plans report (December 2023)
This GFANZ Secretariat Technical Review Note further develops the Transition Finance strategies by providing a supplement to the 2022 GFANZ NZTP guidance and discusses potential decarbonization contribution methodologies as a complement to today’s metrics.
GFANZ 2023 Progress Report
This report details the progress GFANZ has made in 2023 under our program of work to support financial institutions in operationalizing their net-zero commitments, accelerating capital mobilization to EM&DEs, and advocating for credible policies and standards to enable net-zero transition across the globe.
Scaling Transition Finance and Real-economy Decarbonization, Supplement to the 2022 Net-zero Transition Plans report (December 2023)
This GFANZ Secretariat Technical Review Note further develops the Transition Finance strategies by providing a supplement to the 2022 GFANZ NZTP guidance and discusses potential decarbonization contribution methodologies as a complement to today’s metrics.
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Keep up with GFANZ
Sign up to receive our newsletter and stay updated on the latest GFANZ news and events.