Event JSON
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"Australia's Macquarie joins major banks in exiting global climate coalition"
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"Macquarie Group's decision to leave the Net-Zero Banking Alliance comes after several North American banks, including Goldman Sachs, Wells Fargo, and JPMorgan, withdrew from the alliance following Donald Trump's presidential victory. The alliance, launched in 2021, aims to encourage financial institutions to limit the effects of climate change and achieve net-zero emissions. However, Trump's decisions to pull out from the Paris Agreement and the UN Green Climate Fund have triggered an exodus from the alliance."
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