BlackRock Leaves Climate Group Amid Political Pressure

January 10, 2025

Catenaa, Friday, January 10, 2025 – BlackRock, the world’s largest asset manager, has withdrawn from the Net Zero Asset Managers (NZAM) initiative, citing political scrutiny and legal challenges. The move follows similar exits by major US banks from the Net-Zero Banking Alliance after Donald Trump’s election as president.  This also come in the back drop […]

Major US Banks Exit Net-Zero Climate Alliance

January 6, 2025

Catenaa, Monday, January 06, 2025 – Bank of America, Citigroup, and Morgan Stanley have announced their departure from the United Nations-backed Net-Zero Banking Alliance (NZBA), following similar exits by Goldman Sachs and Wells Fargo last month.The is a notable move particularly in the current trend of major institutions moving towards cryptocurrencies as cryptocurencies use large […]