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The Glasgow Financial Alliance for Net Zero

Our progress and plan towards a net-zero global economy

This report details the progress GFANZ has made in the six months since launching in April 2021 and shares GFANZ’s near-term work plan and ambitions.

Key points
  • Now GFANZ membership includes more than 450 financial firms from 45 countries, responsible for assets of over $130 trillion, as of November 2021. This historic effort unites a significant and growing proportion of the global financial industry in a common mission to make climate considerations a part of every capital allocation decision.
  • Following the launch of GFANZ in April 2021, the GFANZ Principals Group agreed on a programme of work. The workstreams are organised to drive the commitment, engagement, investment, and, ultimately, the alignment required to transition the financial system and global economy to net zero.