Net Zero Banking Alliance Dissolves Amidst Mass Exodus
The Net Zero Banking Alliance immediately ceased operations, a significant retreat for collaborative climate commitments in global finance
The Net Zero Banking Alliance immediately ceased operations, a significant retreat for collaborative climate commitments in global finance
HSBC has attributed carbon offsets, slow global pace of change and policy and regulations as the three main reasons for the delay
Valued at $47 million, the DAC agreements with Heirloom and CarbonCapture are to remove 72,000 tons of CO2 from the atmosphere