After Citigroup and BofA, major US bank Morgan Stanley is also leaving the climate alliance

New York – After the departures of the US banks Citigroup and Bank of America (BofA), the investment bank Morgan Stanley is also leaving the Net-Zero Banking Alliance (NZBA). Morgan Stanley did not give reasons for leaving the industry’s most important global climate coalition on Thursday. The institute simply stated that its commitment to the global transition to net-zero emissions remains “unchanged.”