Finance for the Future– the Effectiveness of Voluntary Net-Zero Alliances for Financial Institution
Scaling up climate finance is vital for avoiding the worst impacts of climate change and limiting global warming. In this light, multiple Voluntary Net-Zero Alliances for Financial Institutions (VNZAFIs) have been founded, directing capital flows from financial institutions towards climate action. Nonetheless, the contributions of VNZAFIs to the Paris Climate Goals can be put into question. This s