An international green banking alliance that Prime Minister Mark Carney helped establish is now suspending its activities and holding a vote to determine its future.

The Net-Zero Banking Alliance (NZBA) is the industry-led banking element of the Glasgow Financial Alliance for Net Zero (GFANZ) that was created when Carney was the UN special envoy on climate action and finance .

The NZBA is a global alliance of banks that has worked to help financial institutions make green investments that will help the transition to a net-zero society and mitigate the impacts of climate change.

While it started with just 43 member banks in 2021, it rose to have as many as 120 before the re-election of President Donald Trump saw the U.S. abandon many of its climate initiatives.

Canada's five largest

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