New UK-Based Climate Group Emerges Amidst Banking Sector Withdrawal from Climate Commitments

In a noteworthy development on the climate action front, a new UK-based organization has been formed in response to the recent trend of banks stepping back from their commitments to address climate change. This coalition, named the “Climate Forward Coalition," aims to rally businesses and investors to uphold sustainability initiatives even as financial institutions reconsider their climate financing strategies.

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