The Glasgow Financial Alliance for Net Zero (GFANZ), the world’s largest coalition of financial institutions committed to the goal of net zero by 2050, announced the creation of its Latin America & Caribbean Network and the senior Advisory Board to drive net-zero progress in the region.

The GFANZ Latin America & Caribbean Network will work with local financial institutions to accelerate efforts to unlock climate finance in the region. This includes supporting financial institutions on planning for the transition, implementing climate targets, building capacity, and engaging with policymakers on actions to accelerate capital mobilization. The Network will be guided by an Advisory Board, composed of leading climate and finance figures from the region, who will provide strategic direction, guidance, and expertise in overseeing the Network’s workplan and outputs.