By Nivedita Balu TORONTO (Reuters) -TD Bank, Bank of Montreal and National Bank of Canada said on Friday they were withdrawing from the Net-Zero Banking Alliance, joining the big-six U.S. banks in quitting the banking sector climate coalition.

Bank of Nova Scotia is the latest major bank to walk away from the industry’s biggest climate-finance alliance, following a mass exodus led by Wall Street.

Scotiabank is the latest major Canadian bank to withdraw from the Net-Zero Banking Alliance. The bank joins BMO, National Bank, TD Bank Group and CIBC in leaving the alliance. The Canadian banks started withdrawing not long after the six largest banks in the U.

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.