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Green Finance: Letter from NZBA Chair to Its Members
October 25, 2022Last week, Tracey McDermott, the Steering Group Chair of the Net Zero Banking Alliance (NZBA), a UN-convened banking industry coalition, wrote an open letter to NZBA members. The letter reported that since its founding in April 2021, the NZBA’s membership had grown from 43 to 119 financial institutions and highlighted the publication of its Transition Finance Guide. The non-binding Guide provides suggestions and guidance on actions the banking sector can take in terms of financing efforts to transition to a green economy.
