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The Glasgow Financial Alliance for Net Zero (GFANZ) has issued 10 recommendations for financial institutions to adopt in their net-zero transition plans, including metrics to track portfolio 'ambition', sector-specific pathways and pan-sector strategies to avoid 'paper decarbonisation'.

The transition to a net-zero carbon economy requires "nothing short of a revolution", although some limited investment in fossil fuels is justified in the short term, Mark Carney has said.

A group of civil society organisations has written to Michael Bloomberg and Mark Carney to demand the $138 trillion financial sector coalition they co-chair to step up its game, in a letter that complained the initiative had shown no signs that it has achieved anything.

The Glasgow Financial Alliance for Net Zero is much maligned, but ultimately it aims to be a force for good, argues Thomas Cox

The short-term climate targets of the largest banks in the world are insufficient despite their membership of Glasgow Financial Alliance for Net Zero (GFANZ), a report has found.

Physical risks from warming a "prudential issue" for Asia's regulators, says Japan's FSA

The final text of the climate agreement by countries at the UN climate summit in Glasgow represents only incremental progress on previous conferences and leaves considerable slack for private finance to pick up on the path to net zero, according to commentators.

The Glasgow Financial Alliance for Net Zero (GFANZ) has called on the G20 to green the global financial system