US banks face climate risk data challenges, Fed analysis shows
U.S. banks face significant data and modeling challenges in predicting the impact of climate change on their loan books, the
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Banking/Finance
Global Basel Committee bolsters rules for supervising banks
The world’s forum for banking regulators on Thursday tightened up its rulebook to focus better on spotting risks from climate
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New grant for large businesses to defray costs of sustainability reporting
To help businesses develop their first sustainability reports, a new grant will defray the costs that large companies incur; a
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Indonesia launches US$20 billion renewable energy investment plan
Jakarta: Indonesia launched on Tuesday (Nov. 21) its investment plan to mobilise US$20 billion in financing pledged by global lenders
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TotalEnergies backs Morocco, UK subsea link
TotalEnergies has invested £20 million to acquire a minority stake in Xlinks First, which aims to supply green electricity to
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USD 150 Million funding for climate resilience
A recent report by Oxfam reveals that millions of individuals are grappling with substantial losses, approximately Sh11.2 billion, solely from
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Green finance: banks’ climate pledges undermined by woolly definitions
What makes a project “green”? In cases such as wind farms, the answer is obvious. Other definitions can be woolly.
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How the Gulf can help African countries meet their climate-finance targets
As global leaders convene for Cop28 later this month, the urgency to pivot financial flows towards sustainable development has never
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US pledges $3 billion for Green Climate Fund at COP28
DUBAI, December 2 (Reuters) The United States has pledged $3 billion to the Green Climate Fund, Vice President Kamala Harris
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SBI Environmental, Social, and Governance (ESG) Financing Framework
The State Bank of India (SBI), India’s largest commercial bank, has adopted an ambitious Environmental, Social, and Governance (ESG) Financing
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