BMO withdraws from banking climate alliance ahead of Trump inauguration
- Bank of Montreal has withdrawn from the UN-backed Net-Zero Banking Alliance, becoming the first Canadian bank to do so, as reported by The Canadian Press.
- The decision follows withdrawals by major U.S. Banks ahead of Donald Trump's presidential inauguration, according to The Canadian Press.
- BMO stated its commitment to its climate strategy and supporting clients in transitioning to a net zero world, as mentioned by spokesman Jeff Roman.
- Greenpeace senior energy strategist Keith Stewart criticized the withdrawals, calling them a 'craven act of cowardice on climate,' according to The Canadian Press.
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Coverage Details
Total News Sources0
Leaning Left3Leaning Right2Center3Last UpdatedBias Distribution38% Left, 38% Center
Bias Distribution
- 38% of the sources lean Left, 38% of the sources are Center
38% Left
L 38%
C 37%
R 25%
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