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United Kingdom

Matthew Green

Bank loans scrutinized for harm to wildlife as well as climate

12:06am GMT

LONDON Campaigners called on Wednesday for global banks to stop financing industrial activities driving animal and plant species towards extinction, after a report ranked 50 lenders involved in sectors that pose the greatest threat to wildlife.

Tenth of pandemic stimulus spend could help world reach climate goals: study

15 Oct 2020

LONDON The world could get on track to avert catastrophic climate change by investing a tenth of a planned $12 trillion in pandemic recovery packages in reducing dependence on fossil fuels, according to a study published on Thursday.

U.N. chief urges development banks to stop financing fossil fuel projects

13 Oct 2020

LONDON United Nations Secretary-General Antonio Guterres on Monday urged development banks to stop backing fossil fuel projects, raising the pressure on the state-backed lenders ahead of a climate change summit France is hosting next month.

As World Bank faces scrutiny, U.N. chief warns lenders over fossil fuels

13 Oct 2020

LONDON United Nations Secretary-General Antonio Guterres on Monday urged development banks to stop backing fossil fuel projects, after a report found the World Bank had invested $12 billion in the sector since the 2015 Paris Agreement to combat climate change.

UN chief urges development banks to stop financing fossil fuel projects

12 Oct 2020

LONDON, Oct 12 United Nations Secretary-General Antonio Guterres on Monday urged development banks to stop backing fossil fuel projects, raising the pressure on the state-backed lenders ahead of a climate change summit France is hosting next month.

Senate Democrats question BlackRock climate commitment

09 Oct 2020

BOSTON/LONDON Five Democratic U.S. senators on Thursday asked BlackRock Inc to justify why it rarely supported shareholder resolutions tied to climate change issues despite its increased focus on the environment this year.

U.S. could adopt carbon tax under a Biden presidency, ex-Fed Chair Yellen says

08 Oct 2020

LONDON Former Federal Reserve Chair Janet Yellen said bipartisan concern over climate change could see the United States adopt a tax on carbon emissions, with the proceeds shared with households, if Democrat Joe Biden is elected president in November.

U.S. could adopt carbon tax under a Biden presidency -ex-Fed Chair Yellen

08 Oct 2020

LONDON, Oct 8 Former Federal Reserve chair Janet Yellen said bipartisan concern over climate change could see the United States adopt a tax on carbon emissions, with the proceeds shared with households, if Democrat Joe Biden is elected President in November.

Fertiliser use is fuelling climate-warming nitrous oxide emissions: study

07 Oct 2020

LONDON The rising use of nitrogen-based fertilisers is driving up global emissions of nitrous oxide, a lesser-known greenhouse gas, complicating efforts to limit climate change, scientists reported in a study on Wednesday.

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