News

NZBA responds to recent research on fossil fuels, coal

Recent research has outlined perceived inconsistencies between the requirements of the Alliance commitment and the activities of its members. The NZBA wishes to reflect the highest level of ambition in its practices even as it balances that ambition against the pragmatic concerns of our current global economy, and so would like to provide more detail on how it is approaching these issues.

The time to unlock financing for biodiversity protection is now

Read Inger Andersen, Executive Director of UNEP's speech on the global biodiversity funding gap, and why negotiators finalizing the Global Biodiversity Framework can help to unlock private and public finance at a massive scale by setting the enabling environment for alignment of finance to nature. Includes what the climate space has taught us about using alignment to shift finance and the need to focus on action in food systems which will be particularly critical.

28 banks collectively accelerate action on universal financial inclusion and health

A group of 28 banks under the Principles for Responsible Banking (PRB) has founded a first-of-its-kind commitment to promote universal financial inclusion and foster a banking sector that supports the financial health of customers. This marks the start of a collective journey to accelerate action on financial health and inclusion, alongside some other critical topics of our times, such as climate change, nature loss and pollution.

Net-Zero Banking Alliance at COP 26

On the heels of COP 26 Finance Day, banking industry leaders met in Glasgow to discuss the leadership role of the banking sector towards net-zero under the UN-convened Net-Zero Banking Alliance (NZBA) – a game-changing commitment through which the banking sector is joining forces and mobilising capital at scale to tackle climate change, the defining issue of the 21st century.