COP26 LIVE: Boris humiliated as he ‘talks to empty room’ at Glasgow summit

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More than 450 companies will be revealed tomorrow as part of the Glasgow Financial Alliance for Net Zero (GFANZ), according to the former governor of the Bank of England.

Mark Carney, who set up GFANZ, told BBC Radio 4’s Today programme: “This is focused on providing the financing that’s needed globally to make the investments that we need to get to a net-zero economy.

“And it means bringing together financial institutions, whether there’s banks, insurance companies, pension funds, from around the world, and having them commit to net zero.

“So, all of their money, whether they invest in a company or lend to a company, that those companies, those underlying companies, will themselves be reducing their carbon emissions transitioning to net zero.

“There’s a list coming out on Wednesday, tomorrow, because it’s finance day. 

“So a list of over 450 of these financial institutions, many of the leading British ones.”

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