Focus on Climate
Global regulators quiz banks amid climate-risk tussle, sources say
Global banking regulators are probing banks' climate risk management practices, seeking consensus amid varied approaches.
Do electric cars greatly increase the average mass of cars on the road? Not in Australia
Electric cars won’t significantly increase fleet mass in Australia, countering claims about battery weight and safety concerns, study finds.
Miners are razing forests to meet surging demand for metals and minerals, report says
Nearly 1.4 million hectares of trees were lost to mining from 2001 to 2020— an area the size of Montenegro, says an analysis.
Carbon removal industry calls on U.S. government for regulation in new industry report
The unregulated carbon removal industry urges U.S. standards to improve transparency amid billions in new funding.
A patchwork of progress on climate at Canada’s life insurance giants: report
Canada’s top life insurers face slow progress in reducing $90B fossil fuel investments, despite net-zero commitments.
Finance guide could spur extra $200 billion for sustainable development, JPMorgan says
A JPMorgan executive says a new finance guide could unlock an extra $200B annually for projects with positive social or environmental impact.
Argentina’s Vaca Muerta shales drive record oil boom
Shale oil and gas output is soaring in the flat, arid region that is home to Argentina's Vaca Muerta shale formation.
Villagers are wary of plans to dam a river to ensure Panama Canal’s water supply
Panama Canal dam plans spark debate as residents face relocation and environmental changes while hoping for benefits.
Climate change worsened rains in flood-hit African regions, scientists say
Devastating rains that triggered deadly floods in Cameroon, Chad, Niger, Nigeria and Sudan in recent months were worsened by human-caused climate change.
Central banks can’t shrug off climate change issues: ECB’s Villeroy
Top European Central Bank official says climate change issues can't be removed from central bank decision-making.
