The Financial Post reports in its Tuesday edition that four of Canada's biggest banks have quit a global climate alliance that aims to support the energy transition away from fossil fuels, just days before Donald Trump officially became U.S. President. The Post's Naimul Karim writes that on Friday, BMO, TD, National Bank and CIBC said they have withdrawn from the Net-Zero Banking Alliance, which aims to align lending, investment and capital markets activity with net-zero greenhouse gas emissions by 2050. The lenders join several U.S. banks, including JPMorgan, Morgan Stanley, BofA, Citigroup, Wells Fargo and Goldman Sachs, that have withdrawn in recent weeks from the UN-sanctioned group. BMO's announcement comes a couple of weeks after chief executive officer Darryl White said the bank would stick to its climate goals regardless of the pathway or mechanism it chooses. "We absolutely have a commitment to climate transition," he said at a CEO conference. "We also have a commitment, particularly here in Canada, to our legacy energy customers completely, and we will not abandon that. ... The ultimate goal is unchanged." (The Post makes no mention of Scotiabank, which on Monday announced it was withdrawing from NZBA.)