ECB to impose first-ever fines on banks for climate failures
THE European Central Bank (ECB) is set to take the unprecedented step of imposing fines on several lenders for their ...
Tag: Climate
As countries press on with climate targets, critical mineral shortages could scupper efforts: IEA
A looming scarcity of raw materials such as nickel and lithium could slash global production of electric vehicles (EVs), solar ...
Nearly one in 10 Reit assets in Apac at high risk from climate change, extreme weather: report
CLOSE to one in 10 assets belonging to real estate investment trusts (Reits) across Asia-Pacific (Apac) will be at high ...
Nearly one in 10 Apac Reit assets at high risk from climate change: report
CLOSE to one in 10 assets belonging to real estate investment trusts (Reits) across Asia-Pacific (Apac) will be at high ...
Shell shareholders reject investor climate resolution
SHELL shareholders on Tuesday (May 21) rejected a resolution filed by a group of investors urging the energy company to ...
Temasek-backed Climate Impact X to launch market intelligence service
SINGAPORE-BASED carbon exchange Climate Impact X (CIX) said on Monday (May 13) that it will launch a new market intelligence ...
US banks face climate risk data challenges, Fed analysis shows
US BANKS face significant data and modeling challenges in predicting the impact of climate change on their loan books, the Federal Reserve ...
Citigroup sees loan book hit in climate action ramp-up, document shows
CITIGROUP could suffer billions of dollars of losses in its loan book if the world sped up efforts to tackle ...
Basel Committee adds climate risks to banking supervision standards
THE Basel Committee on Thursday approved an update of its banking supervision guidelines that includes risks from climate changes and ...
‘Extreme’ climate blamed for world’s worst wine harvest in 62 years
WORLD wine production dropped 10 per cent last year, the biggest fall in more than six decades, because of “extreme” ...
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