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FILE PHOTO: An iceberg breaks up after drifting south on the Labrador Sea from Greenland in Saint Lunaire-Griquet, Newfoundland, Canada, May 27, 2024. REUTERS/Greg Locke/File Photo
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IFC says world must urgently streamline green bond ‘taxonomies’

World Bank calls for unified green bond definitions to secure funds for the green transition, amid concerns over US policy shifts.

By Libby George14 Jan 2025Reuters
FILE PHOTO: A labourer works inside a steel factory in the northern Indian city of Kanpur July 20, 2009. REUTERS/Pawan Kumar (INDIA BUSINESS)/File Photo
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Analysis: New green steel firms could reap rewards as EU carbon tariffs loom

New and strengthened rules in the EU against supply chain carbon emissions provide an opportunity for green steel producers.

By David Stanway8 Nov 2024Reuters
BusinessCarbon ManagementClimate FinanceEmissionsEmissions MarketsGreen SteelIndustryManufacturingNews

World Bank’s IFC signs green financing deal with Indonesia steel mill

Money for electric arc furnace technology could help steelmaker decarbonise and compete in markets looking for green steel.

By David Stanway4 Sep 2024Reuters

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Four of Canada’s biggest banks leave climate alliance

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FILE PHOTO: Oil pumpjacks and tanks are pictured in a farmer's field near Kindersley, Saskatchewan, Canada September 5, 2024. REUTERS/Todd Korol/File Photo
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US oil imports from Canada hit record ahead of tariff threat, EIA data shows

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dian oil and gas stocks climbed Monday as the country's energy sector absorbed the news of Prime Minister Justin Trudeau's resignation. Pumpjacks draw out oil and gas from wells near Calgary on Monday, Sept. 18, 2023. THE CANADIAN PRESS/Jeff McIntosh
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Australia needs better ways of storing renewable electricity for later. That’s where ‘flow batteries’ can help

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