The Latest Breaking News from Race to Zero

Mark Carney-led grouping drops U.N. climate initiative requirement

A coalition of financial firms led by former Bank of England governor Mark Carney that aims to tackle climate change said on Thursday it has dropped a requirement for its members to sign up to a United Nations emissions reduction campaign.

Reuters · Oct 28, 2022

Bank group accused of exploiting loopholes and ‘greenwashing’ in climate pledge

‘Net zero’ global alliance of financial institutions, begun at Cop26, can still invest in coal and other fossil fuels

The Guardian - UK · Jun 15, 2022

Private sector has key roles in climate action

The UN's Race to Zero campaign sets an ambitious target -- net-zero carbon emissions by 2050 at the latest, averting the most harmful impacts of climate change and building towards a more sustainable world. The global campaign rallies businesses, cities, regions and investors from across the world for a resilient…

Bangkok Post · Feb 17, 2022