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RBC, BMO Expected to Quit Global Climate Finance Alliance

January 13, 2025
RBC, BMO Expected to Quit Global Climate Finance Alliance

The Royal Bank of Canada and the Bank of Montreal are signalling that they’re reconsidering their membership in the Net Zero Banking Alliance (NZBA), part of a global network that UN Climate Finance Envoy Mark Carney brought together to mobilize US$130 trillion in global economic clout over 30 years to finance the low-carbon transition.

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