As world leaders gear up for negotiations at COP29 in November, the UN-convened Net-Zero Asset Owner Alliance (NZAOA) publishes its fourth Progress Report revealing significant progress towards net zero commitments, including reductions in absolute financed emissions of at least 6% on average annually. The Alliance calls on governments to implement policies to support further portfolio decarbonisation and the net-zero transition in the wider economy. Members representing 98.9% of the Alliance’s total assets under management (AuM) have now set Paris-aligned 2025² decarbonisation targets. Members have used the four-pronged framework set out…
Read More