Banking on Net Zero: Proper Transition Planning

Net zero commitments cover more than 90 percent of global GDP. But without credible transition planning, such ambition is at risk of remaining a mere pledge or even a delay to progress.

The UN-convened Net-Zero Banking Alliance brings together global banks representing over 40 percent of global banking assets, committed to aligning their lending and investment portfolios with net-zero emissions. How have member banks been going about their transition planning, where do they stand with their commitments, and how they are engaging with clients?