The Globe and Mail reports in its Tuesday edition that Bank of Nova Scotia on Monday joined some of Canada's biggest lenders to walk away from a global banking sector climate coalition. A Reuters dispatch to The Globe says the bank's exit from the Net-Zero Banking Alliance (NZBA) follows a raft of similar announcements on Friday by TD Bank, Bank of Montreal, National Bank of Canada and Canadian Imperial Bank of Commerce. So far, the big U.S. banks that have quit the Net-Zero Banking Alliance initiative are Goldman Sachs, Wells Fargo, Citigroup, Bank of America, Morgan Stanley and JPMorgan. The move coincides with Donald Trump's return to the White House for the second time on Monday. He has been critical of efforts by governments to prescribe climate-change policies. "We remain committed to delivering our Climate Transition Plan, and will continue to finance the transition and support our clients in implementing their sustainability strategies -- this is the most important role that we can play," Scotiabank said in a statement.