The Glasgow Finance Alliance for Net Zero Emissions (GFANZ) works "to mobilize the trillions of dollars necessary to build a global zero emissions economy," according to the United Nations.
That goal is embodied in the Net Zero Banking Alliance (NZBA) plan, which "brings together an initial cohort of 43 of the world’s biggest banks with a focus on delivering the banking sector’s ambition to align its climate commitments with the Paris Agreement goals" of zero emissions by 2050. Six American banks are part of this alliance: Bank of America, Wells Fargo, JPMorgan Chase, Goldman Sachs, Citigroup and Morgan Stanley.
"They have to be accountable to U.S. law"
Prosecutors understand that the pursuit of such objectives jeopardizes the welfare and prosperity of citizens. According to Missouri Attorney General Eric Schmitt, he has told The Daily Wire that:
The Net-Zero Banking Alliance is a massive worldwide agreement by major banking institutions, overseen by the UN, to starve companies engaged in fossil fuel-related activities of credit on national and international markets. We are leading a coalition investigating banks for ceding authority to the UN, which will only result in the killing of American companies that don’t subscribe to the woke, climate agenda. These banks are accountable to American laws — we don’t let international bodies set the standards for our businesses.
On the other hand, Will Hild, who is a director of Consumer's Research, told the same media outlet:
States are holding big banks accountable for obvious violations and for peddling highly questionable climate initiatives under the label of ESG — all part of a coordinated effort to handicap American energy at the expense of consumers. These banks cannot be allowed to continue to promote a progressive agenda that prioritizes political activism over delivering for their hardworking American customers.
Several states have made efforts to protect citizens from United Nations policies that impose its woke agenda, known as ESG (Environment, Society and Governance). The state of Missouri recently divested the equity it held in Black Rock from the state's workers' pension fund. Black Rock is one of the flagship companies backing ESG policies.
