Financial institutions are pulling out of climate agreements in an apparent effort to appease the incoming Trump administration.

The number of huge banks and financial firms that are members of The Net-Zero Banking Alliance (NZBA), created ...

Several large U.S. financial institutions, including the Federal Reserve, have withdrawn from the networks after years of ...

A global effort by central banks to join the fight against climate change has hit a major hurdle with the U.S. Federal ...

The Federal Reserve's withdrawal from an international climate initiative highlights a shift in U.S. policy towards ...

The US Federal Reserve is pulling out of an international climate change initiative, it announced Friday, just days before Republican President-elect Donald Trump takes office.

The Federal Reserve said Friday that it is leaving an international grouping of central banks that focused on how the ...

Citing concerns about going outside its statutory mandate, the Federal Reserve Board of Governors voted to leave the Network of Central Banks and Supervisors for Greening the Financial System.

The U.S. Federal Reserve announced on Friday it had withdrawn from a global body of central banks and regulators devoted to ...

Several of the banks that have departed say they are still committed to decarbonization and reducing the impact of climate change. In a statement Thursday, a Morgan Stanley spokesperson said the ...

Interest rates have been climbing since the Federal Reserve signaled last month that it expects to raise its benchmark rate just twice this year, down from the four cuts it forecast in September. The ...

The extra $223 million for climate change research and initiatives within Agriculture Canada’s Science and Innovation branch comes from several federal programs. In the early 2020s, the ...