Citi disclosed it is on pace to reach its 2030 sustainable finance goals, but Reuters also found a draft indicating the losses the bank would incur if the world goes net zero.
Citigroup could suffer billions of dollars of losses in its loan book if the world sped up efforts to tackle climate change, ...
CITIGROUP could suffer billions of dollars of losses in its loan book if the world sped up efforts to tackle climate change, ...
The resistance of the Federal Reserve to implement the climate change guidelines demonstrates ... portfolio-based and scenario-based methodologies,” the EBA said. The Tech Report editorial ...
Economic resilience, coupled with the anticipation of a soft landing scenario, where the Federal Reserve effectively manages inflation without triggering a recession, bolstered market sentiment.
The U.S. economy is showing signs of stagflation as growth slumps down and prices continue to surge for average Americans, ...
In such a scenario, other yield-bearing assets might take center stage. The upcoming Federal Reserve September meet ... suggest a plateaued interest rate climate in the near horizon.
President Biden on Monday announced the first set of jobs under the banner of his American Climate Corps, promising that many of them will be able to quickly transition into federal agency positions.
The Scarborough Land Trust and partnering groups will receive $1.4 million for projects and planning to protect the marsh from the impacts of climate ... $1.4 million in federal coastal resiliency ...
Acting on a request from the Biden administration, a federal appeals court panel ordered the dismissal of a youth climate court case, leaving its future murky. ICN provides award-winning climate ...
Climate-related risks need to be actively managed to protect the resilience of the financial system to other shocks, the results of the Reserve Bank ... in 2023 featured a scenario called ...