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Citigroup and Bank of America exit Net-Zero Banking Alliance but stay committed to emissions reduction goals.
Citigroup and Bank of America are leaving the Net-Zero Banking Alliance due to pressure from Republican lawmakers, who oppose groups supporting carbon emission reductions.
However, both banks will stay committed to achieving net-zero emissions and will continue their involvement with the UN-backed Glasgow Financial Alliance for Net Zero.
They plan to keep working with clients on reducing greenhouse gases.
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Citigroup y Bank of America salen de Net-Zero Banking Alliance pero se mantienen comprometidos con las metas de reducción de emisiones.