Related topics: cyber attack

California marijuana growers can't take much to the bank

Legalization of marijuana in California has helped some financial institutions in the state increase their assets at the same time many banks, feeling stifled by federal regulations, deny services to licensed growers, manufacturers ...

Global firms fall short on forest protection vows: report

Global companies and financial institutions with the highest potential for curbing deforestation are largely failing to do so, undermining pledges to protect forests made at the COP26 climate summit in November, a report ...

New stress test model quantifies climate risks for banks

European banks will soon be required to incorporate climate change risks into the stress testing of their equity. Researchers at the Technical University of Munich (TUM) have now developed a new approach in cooperation with ...

UK unveils plan for first 'net-zero' financial hub

Finance minister Rishi Sunak said Wednesday he plans to make Britain the world's first net-zero financial services centre, even as environmental campaigners quickly criticised the proposals.

Reducing carbon emissions not enough, expert warns

We are now beyond the point of simply needing to reduce carbon emissions to prevent catastrophic climate change, according to a leading scientist from The Australian National University (ANU).

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