Current Affairs · International Banking & Environment
Regarding global climate commitments and banking coalitions, consider the following statements about the Net Zero Banking Alliance (NZBA): 1. The NZBA is a UN-convened alliance of global banks committed to aligning their lending and investment portfolios with net-zero emissions by 2050. 2. It was launched in 2021 under the United Nations Environment Programme Finance Initiative (UNEP FI). Which of the statements given above is/are correct?
- 1Neither 1 nor 2
- 2Both 1 and 2✓
- 3Only 2
- 4Only 1
Correct answer
Both 1 and 2
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