Ahead of Trump presidency, U.S. banks abandon Mark Carney climate initiative
"Right here, right now, is where finance draws the line," proclaimed Mark Carney, the UN special envoy for climate action, in 2021, on stage at the UN Climate Change Conference in Glasgow. More than 160 financial institutions signed onto a kind of climate finance super-group known as the Glasgow Financial Alliance for Net Zero (GFANZ). At the time, Carney —...