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← The Decibel
Can big banks save us from climate change? artwork

Can big banks save us from climate change?

The Decibel
18:09
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Show notes

The year was 2021. And former Bank of Canada governor Mark Carney had a dream. In Glasgow, he announced that wanted to bring together the world’s financial institutions to help solve climate change. It was called GFANZ – the Glasgow Financial Alliance for Net Zero and since it’s launch that year, it has grown to include more than 500 members that manage $150-trillion in assets. But just ahead of this year’s COP27 in Egypt, the alliance started to crack. Report on Business reporter and columnist Jeffrey Jones explains why some banks are worried that Mark Carney’s GFANZ group might cause them legal headaches. Questions? Comments? Ideas? Email us at thedecibel@globeandmail.com Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

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Can big banks save us from climate change? — The Decibel | Josplay Music