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Trump's election has changed the world of climate finance as Australian bank quits net zero alliance

Retrieved on: 2025-03-04 20:53:07

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Trump's election has changed the world of climate finance as Australian bank quits net zero alliance. View article details on hiswai:

Summary

The article discusses how Macquarie Bank, influenced by the political climate after Donald Trump's election, exited the Net Zero Banking Alliance. This reflects the tension between ethical investment in climate change mitigation and short-term fossil fuel profits. Despite setbacks, sustainable finance remains crucial amidst evolving regulations and market pressures highlighted at events like the UN Climate Change Conference.

Article found on: www.abc.net.au

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