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Ukraine targets initial $40 billion for ‘Green Marshall Plan’

Ukraine targets initial $40 billion for ‘Green Marshall Plan’

Jun 19, 2023 | Economy, Environment, Europe, Politics, Top News, UK

By Simon Jessop and Olena Harmash LONDON (Reuters) -Ukraine is seeking up to $40 billion to fund the first part of a “Green Marshall Plan” to rebuild its economy, including developing a coal-free steel industry, a senior Ukrainian official said ahead of an...
World Bank must drive private investment in climate transition, new chief says

World Bank must drive private investment in climate transition, new chief says

Jun 11, 2023 | Business, Economy, Environment, Latin America, US

By Andrea Shalal WASHINGTON (Reuters) – The World Bank must use “informed risk-taking” to encourage private investors to get more engaged in helping developing countries deal with climate change and leapfrog fossil-fuel energy sources, its new...
Saudi Arabia seeks cooperation with China, ‘ignores’ Western worries

Saudi Arabia seeks cooperation with China, ‘ignores’ Western worries

Jun 11, 2023 | Asia, Business, Economy, Environment, Middle East

By Aziz El Yaakoubi and Maha El Dahan RIYADH (Reuters) -Saudi Arabia wants to collaborate, not compete, with China, the kingdom’s energy minister declared on Sunday, saying he “ignored” Western suspicions over their growing ties. As the world’s...
Just Climate raises $1.5 billion with help from Microsoft fund

Just Climate raises $1.5 billion with help from Microsoft fund

Jun 8, 2023 | Business, Economy, Environment

LONDON (Reuters) – Asset manager Just Climate said on Thursday it had raised $1.5 billion for its inaugural fund after strong demand from institutional clients including Microsoft’s Climate Innovation Fund helped it beat the original target of $1 billion....
3M reaches tentative $10 billion pollution settlement with US cities – Bloomberg News

3M reaches tentative $10 billion pollution settlement with US cities – Bloomberg News

Jun 2, 2023 | Business, Economy, Environment, US

By Clark Mindock and Brendan Pierson (Reuters) – 3M Co has struck a tentative settlement of at least $10 billion with a host of U.S. cities and towns to resolve water pollution claims tied to “forever chemicals,” Bloomberg News reported on Friday,...
Oil supply won’t be affected by stricter price cap enforcement – IEA

Oil supply won’t be affected by stricter price cap enforcement – IEA

May 21, 2023 | Africa, Asia, Business, Economy, Environment, Europe, Latin America, Middle East, Politics, Top News, US

By Katya Golubkova and Sakura Murakami HIROSHIMA, Japan (Reuters) -The International Energy Agency (IEA) does not expect moves by the Group of Seven nations to counter the evasion of price caps on Russian energy will change the supply situation for crude oil and oil...
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