Earlier this year, indications began to emerge that the globalists’ efforts to force their green utopia on other nations was in jeopardy.

The Net-Zero Banking Alliance is to cease operations after a vote to wind up the group which had already lost many of its members amid allegations from some U.S. lawmakers that membership breached antitrust regulations.

The alliance, set up in 2021, was the banking industry’s main body leading the sector’s global effort to cut carbon emissions. An overhaul was proposed in August after many big banks left, to create a “framework initiative” rather than a membership-based organisation.

“As a result of this decision (vote), NZBA will cease operations immediately,” a spokesperson for the group said.

It appears the crisis wasn’t Earth’s climate but the political agenda of Left. The NZBA has now officially shut down, signaling the collapse of a potentially harmful, power-hungry climate finance scheme that once involved nearly 150 banks, according to Reuters, controlling over 40% of global banking assets at its height.

The alliance, set up in 2021, was the banking industry’s main body leading the sector’s global effort to cut carbon emissions. An overhaul was proposed in August after many big banks left, to create a “framework initiative” rather than a membership-based organisation.

“As a result of this decision (vote), NZBA will cease operations immediately,” a spokesperson for the group said.

Its resources, developed over several years, will remain accessible to banks seeking guidance on how to set decarbonisation targets.

“The Guidance for Climate Target Setting for Banks and supporting implementation resources are the most widely used global banking framework focused specifically on setting decarbonisation targets and will remain publicly available,” the spokesperson said.

However, the climate cultists policies claim this isn’t a defeat, but a strategic pivot (meaning they’ll return when the time is right).

While noting that the NZBA announcement “may seem like a setback for global progress,” Gill Lofts, Global Financial Services Sustainable Finance Leader at EY noted that it also presents a new opportunity for banks to drive the net zero transition, reflecting “a pragmatic and transparent reassessment of the scientific, economic and political realities we face today.”

Lofts added: “This shift is not a retreat from climate action, but a strategic course correction that opens the door to broader global participation, particularly from banks in emerging markets and the global south that were previously unable to meet the commitment. The new framework will foster inclusivity and emphasize implementation through technical capability building and engagement with policymakers – critical foundations for driving real progress.”

Most regular folks are thrilled to see another eco-activist scheme observing the Left wallowing in their misery. Increasingly, people are waking up to the pseudoscience pushed by the climate-media alliance and recognizing the financial maneuvers as mere wealth redistribution tactics.

Goodbye and good riddance!