Standards & schemes · Meta-framework

GFANZ & net-zero alliances (NZBA, NZAM, NZIA, NZAOA)

Glasgow Financial Alliance for Net Zero

01

What is it?

Meta-framework issued or operated by Glasgow Financial Alliance for Net Zero.

Regulatory recognitionReferenced by supervisors and regulators; voluntary — several US institutions exited from 2022–25

02

Which version is current?

Profile version 2. Official information last verified 24 August 2026.

03

Who and what does it cover?

Geography
Global
Sectors
Financial institutions
Scope
Company (financial institution)
04

What does it require?

Umbrella for sectoral net-zero finance alliances, restructured in January 2025 to drop membership criteria and focus on capital mobilisation and transition-finance guidance; the alliance landscape has since consolidated — NZIA disbanded 2024, NZBA folded October 2025, NZAM resumed 2026 without explicit 2050-commitment language, NZFSPA disbanded January 2026.

What it does not demonstrateThe framework provides principles or alignment guidance; it does not by itself certify performance or establish legal compliance.

05

How is conformity assessed?

Self-commitment with alliance-level accountability and target reporting; aligned with TPT/ISSB disclosure

Grievance mechanism

06

Who makes the decision?

Glasgow Financial Alliance for Net Zero

Assurance arrangementSelf-commitment with alliance-level accountability and target reporting; aligned with TPT/ISSB disclosure

07

Chain of custody

Not specified in this profile

ISEAL membership

08

Conditional relationships

Claims it may support

A relationship does not mean that the standard proves or validates every use of a claim.

1.5°C-aligned” / “Paris-alignedProvides evidence for · Alignment with the framework is relevant evidence; frameworks define process, not outcomes — claim wording must not imply certification.see standards.last_verifiedNet-zero portfolio by 2050Provides evidence for · Alignment with the framework is relevant evidence; frameworks define process, not outcomes — claim wording must not imply certification.see standards.last_verified
09

Legal context

Laws referencing it

No reviewed law references are published.

10

Dictionary

Dictionary concepts

No reviewed dictionary cross-link is published.

11

Version record

What has changed

  1. Version 2Initial profile published after recorded site-owner/editor review of the complete standards batch.
  2. Version 1Initial private editorial draft imported from the reviewed standards handover.
12

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Last verified 24 August 2026. This neutral profile is informational and does not recommend, rank or endorse the standard.