By Huw Jones LONDON (Reuters) – Climate-related stress tests for banks need to better capture the indirect fallout of climate…
Carlyle launches European clean energy developer: ‘We would rather build’
By Isla Binnie NEW YORK (Reuters) – Private equity firm Carlyle Group Inc has formed a unit to build solar…
BOJ’s Kuroda says climate financing plays crucial role in decarbonisation
TOKYO (Reuters) – Bank of Japan Governor Haruhiko Kuroda on Tuesday highlighted the importance of sustainable finance to address climate…
IMF gives final approval for nearly $1bn in financing to Costa Rica
MEXICO CITY (Reuters) – The International Monetary Fund (IMF) gave final board approval to grant Costa Rica a $725 million…
Cotton set for worst day since October on dollar rebound
(Reuters) – ICE cotton futures fell as much as 3.5% on Monday, and were set for their biggest drop in…
Big gas chiefs bill themselves as climate leaders at COP27
By Shadia Nasralla SHARM EL-SHEIKH, Egypt (Reuters) – The heads of two big natural gas companies told Reuters on Monday…
Asia’s coal phase-out must be gradual, says Mitsubishi Heavy head
By Leika Kihara NUSA DUA, Indonesia (Reuters) – Asia must phase out coal power gradually while still making use of…
Indonesia, ADB launch first coal power plant retirement deal
By David Lawder NUSA DUA, Indonesia (Reuters) -Indonesia, the Asian Development Bank and a private power firm said on Monday…
Germany’s Scholz visits Vietnam as manufacturers eye shift from China
By Francesco Guarascio HANOI (Reuters) – German Chancellor Olaf Scholz discussed energy and trade ties with Vietnam’s Prime Minister Pham…
Trade and security on agenda for Xi visit to Saudi Arabia – Saudi minister
By Aidan Lewis and Sarah El Safty SHARM EL-SHEIKH, Egypt (Reuters) – Strengthening trade ties and regional security will be…