Market
What is the primary reason cited by Goldman Sachs for leaving the Net-Zero Banking Alliance?
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Resolution / Starting Odds
Regulatory concerns • 25%
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Official statements or press releases from Goldman Sachs
Story
Goldman Sachs Exits Net-Zero Banking Alliance Amid Global Climate Efforts
Dec 6, 2024, 05:19 PM
Goldman Sachs Group Inc. has announced its withdrawal from the Net-Zero Banking Alliance, a coalition aimed at aligning bank lending and investment activities with global efforts to combat climate change. This move marks the latest high-profile departure of a U.S. financial firm from the group, signaling a recalibration of Wall Street's involvement with climate-focused alliances.
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