Glasgow Financial Alliance for Net Zero
Accelerating the transition to a net-zero global economy
The Glasgow Financial Alliance for Net Zero (GFANZ) is a global coalition of leading financial institutions committed to accelerating the decarbonization of the economy.
Achieving the objective of the Paris Agreement to limit global temperature increases to 1.5°C from pre-industrial levels requires a whole economy transition. Every company, bank, insurer, and investor will need to adjust their business models, develop credible plans for the transition to a low-carbon, climate-resilient future, and then implement those plans.
GFANZ provides the tools and resources the financial sector needs to implement its net-zero commitments.
Led by financial institutions and climate experts
GFANZ is led by a Principals Group of business leaders representing major firms across the financial sector. An Advisory Panel of NGOs and technical organizations ensures that GFANZ’s work is held to the highest standards of ambition while keeping climate science at the heart of everything GFANZ does. Michael R. Bloomberg, UN Special Envoy on Climate Ambition and Solutions, and Mark Carney, UN Special Envoy for Climate Action and Finance, serve as GFANZ Co-Chairs, and Mary Schapiro serves as the Vice Chair and Head of the Secretariat.
Latest news
Mark Carney’s ‘Climate Finance in a Polycrisis Era’ Opening Keynote at COP27 Finance Day
GFANZ Private Finance Working Group for NWFE
Michael R. Bloomberg Deepens Commitment to Moving The World Beyond Coal
GFANZ launches critical resources for financial institutions
GFANZ reveals year of membership growth
GFANZ releases blueprint for real-economy transition plans
GFANZ expresses support for Country Platforms
GFANZ launches Asia-Pacific Network
Publications
Voluntary Recommendations and Guidance
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. These publications aim to support financial institutions in developing and implementing credible, high-ambition strategies for achieving net zero.
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 2022 Progress Report
This report details the progress GFANZ has made in 2022 under our program of work to support financial institutions in operationalizing their net-zero commitments, accelerate capital mobilization to EM&DEs, and advocate for credible policies and standards to enable net-zero transition across the globe.
Download the report (updated as of 9 November 2022)
GFANZ 2022 Progress Report
This report details the progress GFANZ has made in 2022 under our program of work to support financial institutions in operationalizing their net-zero commitments, accelerate capital mobilization to EM&DEs, and advocate for credible policies and standards to enable net-zero transition across the globe.
Download the report (updated as of 9 November 2022)
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Keep up with GFANZ
Sign up to receive our newsletter and stay updated on the latest GFANZ news and events.