On Wednesday, a group of banks, including Singapore’s DBS and UBS announced plans to create a new way of measuring the impact of environmental and social financing. The group, called Banking for Impact, also includes ABN Amro and Danske Bank;… Read More ›
Sustainability
New Study Predicts 410 Million People At Risk Of Sea Level Rise Perils
A new study has shown that unless there is a drop in carbon emissions globally, the lives of up to 410 million people will be threatened from sea level rises as they would be living in areas less than 2… Read More ›
Policymakers Face ‘Daunting Challenges’ Due To Uneven Global Recovery, BIS Says
The Bank for International Settlement (BIS)’s annual report claimed on Tuesday that policy makers would find it dauntingly challenging to recalibrate the fiscal and monetary stimulus because of an uneven global recovery from the Ccovid-19 crisis. The BIS predicted its… Read More ›
Chinese Consumers Costs Will Not Be Impacted By Surge In Producer Prices, Says JPMorgan
Costs for Chinese consumers are likely not to experience a surge despite a recent increase in producer prices in the country, according to JPMorgan Private Bank’s Alex Wolf. “We don’t see (producer inflation) really going into consumer prices. They’ve risen… Read More ›
Calls For Reparations Over Racism Given By UNHRC Chief
A call for global action, including that of reparations to “make amends” of racism against people of African descent, was given by the United Nations Human Rights Council (UNHRC) in a new report. The new UNHRC report also urged governments… Read More ›
Britain publishes carbon permits for aircraft operators from 2021-2025
In a statement the British government said, it has published a list of the number of free UK carbon permits each aircraft operator will receive from 2021-2025 under its domestic emissions trading system (ETS). The ETS is a method of… Read More ›
Washington eyeing stable, profitable relation with Moscow
In an interview to Italian daily La Repubblica, US Secretary of State Antony Blinken said, Washington hopes for a more stable and profitable relationship with Moscow, however, if the latter continues to “attack”, Washington will be forced to respond. “If… Read More ›
Crypto Companies Shy Away From Trying To Register In Britain Amid Greater Scrutiny
With growing scrutiny of the cryptocurrency sector throughout the world, a an increasing number of crypto asset firms are scrapping plans and efforts to get registered with the British financial regulator. Binance, one of the world’s biggest crypto exchanges, was… Read More ›
EU To Tighten Carbon Market, Shows A Draft Plan: Reports
Tougher measures to control its carbon market in order to cut down on emissions faster and to put a price tag on pollution kin new sectors is being planned by the European Union, claimed reports quoting information from people with… Read More ›
Thousands Attend The Mobile World Congress Mobile Tech Show In Barcelona
The annual mega festival for mobile communications in the world kin Barcelona is seeing a flow of people from all over the world carrying with them the one must-have tech – a negative Covid-19 test, an FFP2 face mask and… Read More ›