Big Government, Big Tech, and now Big Money have openly unified to fight climate change, establishing perhaps the largest and wealthiest globalist union in history.
As part of The United Nations’ Glasgow Financial Alliance for Net Zero (UNGFANZ), several big banks, investors, venture capitalists, private-equity firms, etc., have agreed to work in concert with the UN and other global entities and collectively pledged over $130 trillion to hit net zero carbon emissions by 2050.
According to UNGFANZ, the funding will take the form of bank loans and investments, which will be used to shift funds towards investments and that allegedly lower emissions while also earning a profit.
“We now have the essential plumbing in place to move climate change from the fringes to the forefront of finance so that every financial decision takes climate change into account,” said UN Special Envoy and UNGFANZ chair Mark Carney, the former head of the Bank of England and Canada.
Notably, the US Federal Reserve and Bank of England and several other massive financial institutions are getting in on the action, promising oversight for the system.
As for Canada’s role in this, six of the largest Canadian banks joined UNGFANZ in October, with BMO, CIBC, National Bank of Canada, RBC, Scotiabank, and TD simultaneously pledging to join the Net-Zero Banking Alliance (NZBA).
As with The Paris Agreement, these banks will continue to partner with and fund clients hellbent on saving the planet and investing in renewable energy projects.
“A transformation of the financial system to ensure a prosperous and just transition to net-zero is needed,” said Carney in October. “Canadian banks, by joining NZBA and GFANZ, are bringing their deep expertise and strong balance sheets to drive solutions for the sustainable economy that Canada and the world needs.”
