Advocacy Groups Call GFANZ's Proposed Method for Measuring Transition Finance 'Fatally Flawed'
November 10, 2023
November 10, 2023
NEW YORK, Nov. 10 (TNSres) -- The Sierra Club issued the following news release:
Reclaim Finance, Sierra Club and seven other advocacy organizations have warned in a comment letter that a proposed new method for financial institutions to measure their decarbonization impact is "opaque, easily manipulated, and likely counter-productive". The comment was made in a detailed response to a consultation paper published by the Glasgow Financial Alliance for Net Zero (GFANZ) on ho . . .
Reclaim Finance, Sierra Club and seven other advocacy organizations have warned in a comment letter that a proposed new method for financial institutions to measure their decarbonization impact is "opaque, easily manipulated, and likely counter-productive". The comment was made in a detailed response to a consultation paper published by the Glasgow Financial Alliance for Net Zero (GFANZ) on ho . . .