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  • COP27: Island nations want China, India to pay for climate damage – Reuters

COP27: Island nations want China, India to pay for climate damage – Reuters


Highly polluting emerging economies including China and India should pay into a climate compensation fund to help countries rebuild after climate change-driven disasters, the prime minister of island nation Antigua…

New Zealand allocates $12 mln to fund climate damage in developing nations – Reuters


The New Zealand government said on Wednesday it was allocating NZ$20 million ($12 million) of climate funding to address loss and damage in developing countries.

UK watchdog says regulating pension fund consultants would contain risks better – Reuters UK


Regulating consultants who advise pension funds would ensure greater focus on managing risks which can emerge from the sector, such as recent difficulties with liability-driven investment (LDI) funds, the Financial…

U.S. looks to companies to fund more of energy transition at COP27 – Reuters


The United States wants businesses to pay countries to stop burning coal via carbon markets, in a proposal it will announce at the United Nations climate conference this week, people…

IMF reaches preliminary agreement with Georgia to release $30 mln – Reuters


The International Monetary Fund on Monday said it had reached an agreement with Georgia that will allow for the disbursement of $30 million once it is approved by the global…

Italy to unveil higher deficit targets to help economy, sources say – Reuters


Italy's new government will hike its borrowing plans for this year and next to fund support measures for the economy when it unveils its first public finance targets on Friday,…