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flag Major banks are exiting a climate alliance due to strict 1.5°C goals, potentially altering climate strategies.

flag Major US and Canadian banks are leaving the Net-Zero Banking Alliance due to concerns about aligning with the Paris Agreement's 1.5°C goal. flag The alliance is considering removing this requirement to retain members. flag Meanwhile, banks predict global warming will exceed the Paris Agreement's 2-degree limit, impacting their strategies. flag Companies have also become less vocal about climate initiatives under previous administrations, opting for "greenhush" to avoid backlash.

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