The Glasgow Financial Alliance for Net Zero has launched a consultation seeking feedback to help refine its definitions of transition finance strategies and decarbonisation contribution methodologies.
The public consultation will run for six weeks until 2 November 2023 and is open to all stakeholders, with the final report due to be published by COP28. GFANZ is seeking feedback to create consistent definitions that are "applicable across markets and sectors", which will help financial institutions to independently identify their risk exposure and investment opportunities, while supporting real economy decarbonisation. GFANZ: Multi-trillion dollar financial group unveils voluntary net zero guidelines The body created four strategies in 2022 that are "necessary" for financing a wh...
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