European regulator urges banks to evaluate climate risks
The European Banking Authority called Wednesday upon banks to better take into account climate-related risks when setting their business goals and strategies.
The European Banking Authority called Wednesday upon banks to better take into account climate-related risks when setting their business goals and strategies.
Environment
Jun 23, 2021
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Generally, physics and financial systems are not easily associated in people's minds. Yet, principles and techniques originating from physics can be very effective in describing the processes taking place on financial markets. ...
General Physics
Jun 10, 2021
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Financing a sustainable global ocean economy may require a Paris Agreement-type effort, according to a new report from an international team of researchers led by the University of British Columbia.
Environment
Jun 8, 2021
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Decisions made now will determine whether economies win or lose money as the coal industry changes over the next couple of decades.
Environment
Jun 8, 2021
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A total investment in nature of $8.1 trillion is required between now and 2050—while annual investment should reach $536 billion annually by 2050—in order to successfully tackle the interlinked climate, biodiversity, ...
Environment
May 27, 2021
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New Zealand will force banks to reveal the impact their investments have on climate change under world-first legislation intended to make the financial sector's environmental record transparent, officials said.
Environment
Apr 14, 2021
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Neighborhoods in California whose populations are majority Black, Latino or Asian benefitted less from the $500 billion in forgivable loans distributed nationwide through the Paycheck Protection Program amid the pandemic, ...
Social Sciences
Dec 18, 2020
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This week's announcement of mandatory disclosures of climate-related risks for companies and financial institutions is arguably the New Zealand government's most significant climate policy—even more so than the Zero Carbon ...
Environment
Sep 17, 2020
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All new electricity supply growth worldwide can now come from zero-carbon sources, according to a plan released by businesses and environmental advocates Wednesday that charts the path to a net-zero world by 2050.
Environment
Sep 16, 2020
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Over the years, policymakers have enacted consumer protection laws and regulations to ensure better access to credit for low-income and minority consumers at fair lending rates. While these regulations make it illegal for ...
Economics & Business
Sep 1, 2020
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