About us
Our history
GFANZ was launched in April 2021 by UN Special Envoy on Climate Action and Finance Mark Carney and the COP26 presidency to accelerate the transition to a net-zero global economy.
Our mission
GFANZ was founded to establish a forum for addressing and catalysing action toward the sector-wide challenges and opportunities associated with the net-zero transition.
GFANZ is a stand-alone, private-sector group that focuses on supporting efforts within the financial services sector to achieve the Paris Agreement objectives.
GFANZ brings together CEOs and leaders from the financial services sector to support the transition to a net-zero economy.
Our work
GFANZ is focused on developing the building blocks for a financial system capable of financing the transition to net zero.
Our work focuses on three core areas, each one critical to mobilizing capital for the transition:
Innovative financing solutions to support real economy decarbonization solutions
Developing new transition finance solutions to scale private capital available for the transition to net zero.
Mobilizing capital for EM&DEs
Accelerating the deployment of capital to enable emerging markets and developing economies (EM&DEs) to decarbonize and prosper.
Public policy
Drawing on GFANZ’s global presence to drive ambitious and credible public policies that address the barriers to mobilizing climate finance while driving economic growth.
GFANZ runs a number of practitioner-led workstreams and working groups designed to accelerate the alignment of investment, lending, and underwriting with its mission to mobilize transition finance and address the barriers to decarbonization.
Accelerating progress
August 2022 Measuring portfolio alignment
GFANZ publishes draft guidance on measuring portfolio alignment with the goals of the Paris Agreement.
June 2022 Transition plan guidance
GFANZ releases draft framework for financial institution net-zero transition plans.
June 2022 APAC Network
GFANZ forms regional network to support the expansion of net-zero finance across Asia.
June 2022 Climate Data Steering Committee
GFANZ launches group to advise on new open climate data platform.
November 2021 Leadership team expands
Michael R. Bloomberg joins as Co-Chair and Mary Schapiro becomes Vice Chair of GFANZ.
October 2021 GFANZ Call to Action
GFANZ publishes a call for greater and faster climate action from G20 leaders to build a net-zero global financial system and meet the goals of the Paris Agreement.
April 2021 GFANZ launches
GFANZ unites leading net-zero initiatives across the financial system in one sector-wide strategic forum.
Our leadership
Chair, GFANZ
UN Special Envoy on Climate Ambition and Solutions
Vice Chair, GFANZ
Head, GFANZ Secretariat
GFANZ reports periodically to the G20’s Financial Stability Board (FSB).
GFANZ Principals Group
The Principals Group sets strategic direction and priorities for GFANZ and monitors progress.
Principals Group Members
GFANZ Advisory Panel
The Advisory Panel, composed of technical climate experts from nongovernmental organizations around the world, ensures that GFANZ’s work is held to the highest standards of ambition while keeping climate science at the heart of everything GFANZ does.
The Advisory Panel includes representatives from the following organizations: