Essay by Eric Worrall
Bye bye, good riddance.
Global banking climate group to stop operations after member exodus
Rebecca Speare-Cole
Fri, 3 October 2025 at 9:15 pm GMT+10The banking sector’s global alliance for setting climate targets has ceased operations after an exodus of its members over the last year.
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… several major banks, including British lenders HSBC and Barclays, left the group within the last year.
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“As a result of this decision, NZBA will cease operations immediately.”
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Campaigners have condemned the exodus of major banks from the group, saying it undermines international efforts to co-ordinate climate action.
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Read more: https://uk.finance.yahoo.com/news/global-banking-climate-group-stop-111518258.html
Apparently the climate “resources” created during the organisation’s short life will still be available for banks which want to use them. I’m sure former member banks will find some use for the resources.
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