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Glasgow Financial Alliance for Net Zero

Bringing together the financial sector to accelerate the transition to a net-zero economy.

Achieving the objective of the Paris Agreement to limit global temperature increases to 1.5 degrees 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. Private finance can help fund private sector initiatives and turn billions committed to climate investment through public channels into trillions of total climate investment. But unlocking systemic change will require collaborative, ambitious commitments and near-term action across the entire financial system.

GFANZ is a global coalition of leading financial institutions committed to accelerating the decarbonization of the economy.

About us

GFANZ consultation

Measuring Portfolio Alignment

GFANZ has launched a public consultation on our newly released draft report, Measuring Portfolio Alignment: Enhancement, Convergence, and Adoption. We invite all stakeholders to review the report and share feedback via a short survey. Feedback will be reviewed by GFANZ and inform the final version of the report, which will be published ahead of COP27.

Review the report

Provide feedback

Measuring Portfolio Alignment

GFANZ consultation

Measuring Portfolio Alignment

GFANZ has launched a public consultation on our newly released draft report, Measuring Portfolio Alignment: Enhancement, Convergence, and Adoption. We invite all stakeholders to review the report and share feedback via a short survey. Feedback will be reviewed by GFANZ and inform the final version of the report, which will be published ahead of COP27.

Review the report

Provide feedback

Transition planning resources

GFANZ has published a set of related frameworks, tools and other resources to support financial institutions’ efforts to finance and enable the whole-economy transition to net zero.

Explore our publications 

Read the press release

Transition planning resources

GFANZ has published a set of related frameworks, tools and other resources to support financial institutions’ efforts to finance and enable the whole-economy transition to net zero.

Explore our publications 

Read the press release

Statement on “No New Coal” from Michael R. Bloomberg, Mark Carney, and Mary Schapiro

August 2022

GFANZ Co-Chairs Michael R. Bloomberg and Mark Carney and Vice Chair Mary Schapiro welcome the updated UN Race to Zero criteria, particularly ending all financing activities for new coal.

Read the letter

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