Focus on Economy
Clean energy adoption in Global South overtakes North on path to growth
The Global South is adopting renewable energy technologies at a faster rate than the Global North: Rocky Mountain Institute (RMI)
Analysis: Shell setback upsets Nigeria’s quest to lure investment
Nigeria's block of Shell's $2.4 billion onshore asset sale signals regulatory hurdles, deterring vital oil investments.
As coal plants shut in Romania, some miners transition to green energy while others are reluctant
Romania's coal workers resist retraining for green jobs despite industry decline, fearing change amid political inaction.
UK bank Nationwide Building Society will offer bigger interest-free loans for green retrofitting
The bank is offering interest-free loans of up to £20,000 to help its mortgage customers make their homes more energy efficient.
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.
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.
Volvo Cars cuts full-year growth outlook on EV slowdown
Volvo Cars beat Q3 profit expectations but cut its full-year sales growth forecast amid a premium market slowdown.
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.
US extends semiconductor tax breaks to some solar factories
The U.S. extends a tax break to solar wafer makers, aiming to boost domestic production and reduce reliance on China.
Windfall tax backlash menaces Spain’s green energy sector
Spain's government has infuriated banking and energy giants by wanting to maintain a windfall tax on them, threatening crucial investments for the country's...
