Change bank capital rules to boost climate action - survey
Sustainable experts said forcing banks to keep more assets in reserve if they lend to high-emitting firms could push the sector to clean up its act
Dutch earmark $400 mln for green hydrogen development
Green hydrogen is extracted from water powered by renewable energy, theoretically releasing no carbon emissions either in its production or consumption
IMF, World Bank to unveil 'green debt swaps' option by November, Georgieva says
IMF Managing Director Kristalina Georgieva said it made sense to address the dual climate and debt crises at the same time
Climate-blind borrowing risks 'credit crunch' for future generations
As coronavirus borrowing grows, few countries are reporting whether climate risks will limit their ability to repay debt
IMF approves $312.4 mln credit facility for Madagascar
The International Monetary Fund approves $312.4 million credit facility for Madagascar to help it from the impact of COVID-19
'Last window': Green Climate Fund chief urges reopening of U.S. finance tap
Biden administration's decision on U.S. contribution to the GCF is key to ramping up much-needed support for green, climate-resilient recovery in poorer nations, says fund's head
'Climate ninjas' overlooked as little finance reaches women
While women are often driving climate action on the ground, their local-level efforts rarely qualify for international funding - and that needs to change, experts and officials say
Japan's SMFG likely to halt all new lending for coal power, sources say
Japan's biggest banks are under growing pressure from global investors and environmental groups over coal funding
EXCLUSIVE-European officials urge World Bank to exclude fossil-fuel investments
In a letter, senior officials from Europe said the World Bank's management should expand its climate change strategy to end backing for coal, oil and most gas projects
IMF, World Bank pledge to support G20 push against global climate risks
IMF and World Bank will work together to combat climate change by looking more closely at climate-related financial stability risk and using other tools at their disposal