SITUATION REPORT

U.S.: Banks Consider Leaving Climate Alliance Over Legal Risks in Likely Trend

MIN READSep 21, 2022 | 18:48 GMT

U.S. banks including JPMorgan Chase, Morgan Stanley and Bank of America are threatening to walk out of the Glasgow Financial Alliance for Net Zero (GFANZ) for fear of being sued over the failure to hit decarbonization requirements, the Financial Times reported Sept. 20....

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