Breadcrumb Trail Links PMN Business US climate envoy John Kerry criticized some US oil producers for not doing enough to combat global warming and singled out Chevron Corp. for particular scrutiny. Author of the article: Bloomberg News Jennifer A. Dlouhy and John Fraher Published Dec 05, 2023 • 3 minute read Join the conversation Abdulaziz […]
Article content (Bloomberg) — Singapore is taking multiple steps to improve transition financing, including setting new rules for financial institutions to manage their climate-related risks and to support an orderly transition. “We do not want financial institutions to indiscriminately exit from carbon intensive activities just to reduce their financed emissions. Rather, we want them to […]
Article content (Bloomberg) — Swiss inflation unexpectedly slowed to a two-year low, adding to the case for Swiss National Bank officials to keep borrowing costs steady when they meet next week. Consumer prices rose 1.4% in November from a year earlier, the weakest since October 2021. That was lower than predicted by any economist in […]
Article content (Bloomberg) — South Korean battery stocks rose Monday after the US released guidelines designed to limit electric car makers from sourcing battery materials from China. Ecopro BM Co., which produces cathode-active materials, surged as much as 26% in Seoul trading, while SK IE Technology Co., which makes separators used in EV batteries, […]
Article content (Bloomberg) — Sign up for the Green Daily newsletter for comprehensive coverage of COP28 right in your inbox. The larger-than-usual group of investors and bankers in attendance at COP28 in Dubai are not there primarily (if at all) for altruistic reasons. They’ve traveled to the United Arab Emirates for the same reason they’d […]
Breadcrumb Trail Links PMN Business Sign up for the Green Daily newsletter for comprehensive coverage of the climate summit right in your inbox. Author of the article: Bloomberg News John Fraher Published Dec 04, 2023 • 3 minute read Join the conversation Ajay Banga, president of the World Bank Group, during the Singapore FinTech Festival […]
Article content (Bloomberg) — The World Bank is working with a club of 15 finance bosses to lower the risk of investing in climate projects in emerging economies and attract private capital for cutting emissions. Article content Ajay Banga, the World Bank’s president, said the Private Sector Investment Lab is focused on “figuring out a […]
Article content (Bloomberg) — With COP28 in full swing, Bitcoin poised to regain $40,000, Evergrande back in court and India tallying up the results of its recent state elections, there’s a lot to look forward to in Asia as we enter the final month of the year. The big heat. Exxon Mobil and Saudi Arabia’s Aramco led a pledge […]
Breadcrumb Trail Links PMN Business COP28 Daily Reports: Sign up for the Green Daily newsletter for comprehensive coverage of the climate summit right in your inbox. Author of the article: Bloomberg News Jennifer A. Dlouhy Published Dec 02, 2023 • 3 minute read Join the conversation A worker unhooks the plugging system of an […]
Breadcrumb Trail Links PMN Business Vice President Kamala Harris will announce the commitment at the summit in Dubai, where increasing climate finance is a focus of talks. Author of the article: Bloomberg News Jennifer A Dlouhy Published Dec 02, 2023 • Last updated 2 hours ago • 4 minute read Join the conversation An attendee walks across […]