The central bank said it had decided to leave the network after the group’s work “increasingly broadened in scope.”

Four of Canada's biggest lenders said on Friday they were withdrawing from a global banking sector climate coalition, joining six major U.S. banks.The departures from the Net-Zero Banking Alliance began with Goldman Sachs' announcement on Dec.

The Federal Reserve said Friday that it is leaving an international grouping of central banks that focused on how the financial system could help combat climate change