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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

New 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

Webinar replay: Financial Institution Net-zero Transition Plans

Learn more about our new flagship report, Recommendations and Guidance on Financial Institution Net-zero Transition Plans, in this on-demand webinar. GFANZ Vice Chair Mary Schapiro and GFANZ workstream practitioner and technical leads discuss the content and development of the report and explain how to provide feedback via our public consultation, which runs until July 27.

Watch the webinar

Review the presentation

GFANZ consultation

GFANZ has launched a public consultation on our newly released report, Recommendations and Guidance on Financial Institution Net-zero Transition Plans. We invite all stakeholders to review the report and share feedback. GFANZ will carefully consider the consultation responses before releasing an updated report in fall 2022, ahead of COP27.

Consultation period: June 15-July 27, 2022

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