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flag Canadian banks BMO and National Bank leave UN's Net-Zero Banking Alliance but claim to keep climate commitments.

flag Some major Canadian banks, including Bank of Montreal (BMO) and National Bank, have withdrawn from the UN-backed Net-Zero Banking Alliance, following US banks that left amid political pressures. flag Despite leaving the alliance, these banks maintain their commitment to climate strategies and helping clients transition to a net-zero world. flag The withdrawals raise concerns about the future of collective climate efforts in the financial sector.

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