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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

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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

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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

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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

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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

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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

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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,…