Monday, 23 June 2025

International

World Bank Group President Ajay Banga poses with Latvia's Minister of Finance Arvils Aseradens, Italy's Director General of the Treasury Riccardo Barbieri Hermitte, Norway's Minister of International Development Anne Beathe Tvinnereim, Belgium's Counselor-General at the Treasury Steven Costers, France's Director General of the Treasury Bertrand Dumont, Japan's Deputy Vice Minister of Finance for International Affairs Daiho Fujii, Denmark's Ambassador and Director for Multilateral Affairs Marie-Louise Koch Wegter, United Kingdom's Minister of State, Foreign, Commonwealth and Development Andrew Mitchell, Germany's Federal Minister for Economic Cooperation and Development Svenja Schulze, Netherlands' Minister of Finance Steven van Weyenberg, and U.S. treasury secretary Janet Yellen at the G-20 Finance Ministers and Central Bank Governors' Meeting at the IMF and World Bank’s 2024 annual Spring Meetings in Washington, U.S., April 19, 2024. REUTERS/Ken Cedeno
BusinessClimateEconomyFinanceNewsPolitics

World Bank wins $11 billion in pledges to boost lending for climate, global crises

The World Bank says 11 countries have pledged to contribute over $11B billion to new hybrid capital and portfolio guarantee instruments designed to...

ClimateEmissionsNewsPoliticsUnited Nations

Next UN climate talks are critical to plot aid for poorer nations, says incoming president

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FILE PHOTO: The Wall Street entrance to the New York Stock Exchange (NYSE) is seen in New York City, U.S., November 15, 2022. REUTERS/Brendan McDermid/File Photo
BusinessFinanceNews

Hedge funds turn bearish in April: Goldman Sachs

Hedge funds continue to short energy companies even as increased tensions in the Middle East have lifted energy prices and generally boosted energy...

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BusinessCoalInfrastructureNewsTransmission

Russia’s OTEKO to reject offer for coal transshipment terminal

Transport group Delo will submit an offer to buy OTEKO's Taman coal transshipment terminal to lower coal prices and resume stalled operations

CoalElectricityNews

Poland’s Tauron seeks to spur renewables expansion

WARSAW (Reuters) – Poland’s Tauron aims to expand in renewable energy as the profitability of coal assets declines, the state-controlled power utility said...

Friday's march was organised by the Fridays For Future (FFF) movement (AFP)
ClimateNewsPolitics

Hundreds rally in Stockholm for climate action

Swedish climate activist Greta Thunberg led some 500 people in a march to demand politicians do more to address the issue of climate...

NewsNuclear PowerPoliticsUnited Nations

IAEA notes reported attack on Zaporizhzhia plant, Russia accuses Ukraine

Rafael Grossi, director general of the International Atomic Energy Agency (IAEA), has warned that attacks and incidents at Ukraine's Russian-held Zaporizhzhia nuclear power...

Critical MineralsElectric Vehicles (EVs)IndigenousMineralsNewsPolitics

Growing demand for minerals in energy transition sparks Indigenous outcry over ‘business as usual’ mining practices

About half of energy transition minerals and metal projects are located on or near the lands of Indigenous and other subsistence farmers, according...

BusinessClimateEconomyFinanceNewsPolitics

World Bank’s Banga wants to make gains in tackling the effects of climate change, poverty and war

“The world’s intertwined challenges of poverty ... combined with fragility and conflict and violence, combined with climate change, is coming into a perfect...

BusinessCarbon ManagementElectricityEmissionsFinanceHydrogenNatural GasNewsOil

High interest rates threaten rollout of green economy: Wood Mackenzie report

A new report from global consultancy Wood Mackenzie says if high interest rates persist, it will be harder and more costly for society...

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