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World’s biggest green finance club rebukes political attacks

US Republican Party threats have triggered a string of departures from a sub-group of the Glasgow Financial Alliance for Net Zero.
Gunther Thallinger, chair of the GFANZ sub-group Net Zero Asset Owner Alliance, and a member of the board of management of the German multinational financial services company Allianz. | Photo: PR/ Allianz
Gunther Thallinger, chair of the GFANZ sub-group Net Zero Asset Owner Alliance, and a member of the board of management of the German multinational financial services company Allianz. | Photo: PR/ Allianz
By Alastair Marsh / Bloomberg

The world’s biggest climate finance coalition has spoken out against the increasingly aggressive political attacks on ESG, after Republican Party threats triggered a mass exodus from a sub-alliance for insurers.

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