Banking on Sustainability: Climate Group Reassesses Strategy After Defections

In a significant turn of events for the banking sector's approach to climate change, a prominent climate-focused banking coalition is now navigating turbulent waters following the departure of key members. This coalition, initially established to foster sustainable financial practices, is considering its next steps as several influential banks have chosen to withdraw. The recent shakeup raises questions about the future efficacy of such alliances in combating environmental issues.

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