Hints and tips:
Related Special Reports
...fresh funding from the US Congress in 2026, opening it to political scrutiny from Republican lawmakers who are resistant to cutting off finance for oil and gas, and progressive lawmakers critical of the bank...
...Developing nations said the US had insisted the fund was based at the World Bank, where it is the largest shareholder....
...Governments also committed at Glasgow to push bodies such as the OECD and multilateral development banks to update their governance frameworks to align with Paris agreement goals....
...When Wexford relocated to Palm Beach in 2019, Medina joined Deutsche Bank in a return to investment banking....
...Instead, they have enjoyed huge gains in the value of their assets, which they can then use as collateral for bank loans to fund their lifestyles....
...However, it marked the most significant breach between Israel and the US at the UN since a 2016 dispute over settlements in the occupied West Bank....
...Only about a fifth of the country is used for agricultural production, according to the World Bank....
...Now from Shell’s trading floor to Brussels, where EU correspondent Alice Hancock asks whether Europe’s power grid is ready for the energy transition....
...” that would unlock more financing from commercial banks....
...One Belgian protesting in Brussels tells the FT that the bank was likely to reclaim his farm next year if he did not meet a loan repayment that he was unlikely to afford because recent nitrogen emissions...
...The European Investment Bank, the world’s largest lender that labelled itself the “climate bank” in 2019, is also under pressure to fund more projects in the arms industry....
...Banks will be exempt from reporting on their clients’ activities under new EU rules to make companies responsible for environmental impacts in their supply chain....
...“What we’re asking is for the same rules for all companies and banks,” one of the officials said....
...European Commission last October announced a “wind power package’” that set out accelerated permitting procedures and financial guarantees for wind turbine manufacturers through the European Investment Bank...
...France has secured a partial carve-out for banks from new EU rules to make companies responsible for environmental impacts in their supply chains....
...The new normal The sun is out, gas prices are down and the EU’s energy commissioner has said that the bloc no longer needs its emergency energy regulations, writes Alice Hancock....
...France and other member states have already sought looser criteria for banks. Many in Brussels fear that if Germany pulls out of the agreement, other member states will follow....
...But some EU countries are not living up to commitments made in 2022 to phase out subsidies for oil and gas, writes Alice Hancock....
...“It is not a good idea to insult people who work for you,” Stefan Gerlach, former deputy governor of the Irish central bank who is now chief economist at EFG Bank, wrote on X....
...Chart du jour: ECB dieting The European Central Bank is rethinking how it provides liquidity to the financial system, announcing plans to lend more to commercial banks while shrinking its large bond portfolio...
...About half of funding should come from both banks and state agencies such as Export Finance Australia....
...The final COP28 deal underlined the importance of overhauling multilateral developing banks, such as the World Bank, and called on shareholder countries to “significantly scale up the provision of climate...
...European Central Bank monetary policy meeting. EU ministers for competitiveness meet in Brussels....
...these projects is therefore crucial, says Leilah Rawle, a partner specialising in energy and infrastructure at law firm CMS, who acted on the world’s largest offshore wind farm under construction at Dogger Bank...
...Whitney declined to say why she left the role after less than a year. “I stopped writing about banks a decade ago because banks had become boring,” said Whitney....
International Edition