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 ...

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

Several large U.S. financial institutions, including the Federal Reserve, have withdrawn from the networks after years of ...

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

Four of Canada's biggest lenders said on Friday they were withdrawing from a global banking sector climate coalition, joining ...

The central bank said it had decided to leave the network after the group’s work “increasingly broadened in scope.” ...

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The U.S. Federal Reserve announced on Friday it had withdrawn from a global body of central banks and regulators devoted to ...

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.

It's the latest sign that U.S. financial regulators will avoid climate-related policies in the second Trump administration.