Glasgow Financial Alliance for Net Zero

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The Glasgow Financial Alliance for Net Zero is a global coalition of leading financial institutions committed to accelerating the transition to a net-zero emissions economy by aligning their portfolios and investments with climate goals.

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Statements (49)

Predicate Object
instanceOf climate finance initiative
global coalition
private sector alliance
abbreviation GFANZ NERFINISHED
aimsAt limiting global warming to 1.5 degrees Celsius
net-zero greenhouse gas emissions by 2050
coFoundedBy COP26 Presidency NERFINISHED
Mark Carney NERFINISHED
UN Special Envoy on Climate Action and Finance NERFINISHED
coordinatesWith United Nations Race to Zero NERFINISHED
countryOfFormation United Kingdom NERFINISHED
fieldOfWork climate change mitigation
decarbonization of the economy
net-zero transition
focusesOn real-economy emissions reductions
transition plans for high-emitting sectors
foundedAtEvent 2021 United Nations Climate Change Conference NERFINISHED
COP26 NERFINISHED
hasHeadquartersIn London NERFINISHED
United Kingdom NERFINISHED
hasLanguage English
hasMemberType asset managers
asset owners
banks
financial service providers
insurers
hasSubInitiative Net Zero Asset Managers initiative NERFINISHED
Net-Zero Asset Owner Alliance NERFINISHED
Net-Zero Banking Alliance NERFINISHED
Net-Zero Financial Service Providers Alliance NERFINISHED
Net-Zero Insurance Alliance NERFINISHED
Net-Zero Investment Consultants Initiative NERFINISHED
Paris Aligned Investment Initiative NERFINISHED
inception 2021
industry finance
sustainable finance
locationOfFormation Glasgow NERFINISHED
namedAfter Glasgow NERFINISHED
purpose accelerate the transition to a net-zero global economy
align financial flows with the goals of the Paris Agreement
mobilize private finance for climate action
requiresFromMembers portfolio alignment with net-zero by 2050 or sooner
regular public reporting on climate progress
science-based interim emissions reduction targets
supportsGoal Paris Agreement NERFINISHED
website https://www.gfanzero.com
worksWith Principles for Responsible Investment NERFINISHED
United Nations Environment Programme Finance Initiative NERFINISHED
United Nations Framework Convention on Climate Change NERFINISHED

Referenced by (1)

Full triples — surface form annotated when it differs from this entity's canonical label.

Bloomberg Climate Finance Leadership Initiative associatedWith Glasgow Financial Alliance for Net Zero