The recent decision by six of the largest US banks to join a voluntary alliance with the UN has sent shockwaves through the financial world and climate activist communities alike. The goal of reaching net zero emissions by 2050 is a significant step towards addressing the existential threat of climate change.Critics are now calling for new, stricter climate laws that would hold corporations accountable for their actions. While the voluntary alliance may be seen as a positive step, some argue that it is insufficient and that more drastic measures are needed to drive meaningful change.As lawmakers begin to consider new climate legislation, this development will likely play a significant role in shaping the debate. The question remains whether existing frameworks can be strengthened or if more radical action is required to prevent catastrophic climate consequences.