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9/19/2023 READOUT: U.S. Department of the Treasury Senior Leadership Meets with Philanthropy Leaders to Discuss Net-Zero Tr… READOUT: U.S. Department of the Treasury Senior Leadership Meets with Philanthropy Leaders to Discuss Net-Zero Transition Planning Efforts September 19, 2023 NEW YORK – Today, Treasury Secretary Janet Yellen, Under Secretary for Domestic Finance Nellie Liang, and Climate Counselor Ethan Zindler, met with leadership from philanthropies that support the implementation of financial institution net-zero commitments and related transition planning e orts. The discussion centered on current priorities and outstanding challenges to mobilizing private finance towards the growing clean energy economy of the future. Alongside todayʼs events, these philanthropic leaders – alongside another philanthropic organization not present (Hewlett Foundation) – announced commitments totaling $340 million over the next 3 years. These funds will be used years to support the continued development of research, data availability, and technical resources intended to help financial institutions develop and execute robust, voluntary net-zero commitments. This funding will also support work to facilitate the transition planning e orts of non-financial sectors of the economy. Earlier in the day Treasury released its Net-Zero Principles for Financing & Investment. Attendees present included representatives from Bezos Earth Fund, Bloomberg Philanthropies, Climate Arc, ClimateWorks Foundation, and Sequoia Climate Foundation. ### https://home.treasury.gov/news/press-releases/jy1746 1/1
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