Franco Piza

Glasgow Financial Alliance for Net Zero (GFANZ)

The Glasgow Financial Alliance for Net Zero (GFANZ) is a practitioner-led, global coalition of financial sector institutions and their sector-specific alliances. Together, they work to accelerate the world's transition to net-zero greenhouse gas emissions by 2050 and achieve the objective of the Paris Agreement to limit global warming to no more than 1.5 degrees C. GFANZ was launched in April 2021 by UN Special Envoy on Climate Action and Finance Mark Carney and the COP26 presidency to unite net-zero financial sector-specific alliances from across the globe into one industry-wide strategic alliance. GFANZ leadership currently comprises Michael R. Bloomberg, Co-Chair and UN Special Envoy on Climate Ambition and Solutions; Mark Carney, Co-Chair and UN Special Envoy for Climate Action and Finance; and Mary Schapiro, Vice Chair and Head of the Secretariat. GFANZ is providing secretariat resources to the Climate Data Steering Committee (CDSC).