Egypt climate envoy sees international funds helping developing industries decarbonise
Mahmoud Mohieldin, Egypt's climate champion, speaks during an interview with Reuters in Cairo Egypt, September 12, 2022. REUTERS/Amr Abdallah Dalsh/File...
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Germany’s Scholz backs Spain’s Calvino for EIB presidency
International Monetary and Financial Committee (IMFC) chair Nadia Calvino attends a news conference during the annual meeting of the International...
Tensions soar over new fund for climate ‘loss and damage’ ahead of COP28
Committee fails to adopt recommendations to set up fundDeveloping nations reject proposal of World Bank as hostTime running short to...
France, Germany close to EU energy market reform deal, finance minister LeMaire says
French Minister for Economy, Finance, Industry and Digital Security Bruno Le Maire leaves following the weekly cabinet meeting at the...
Yellen sticks to view U.S. economy headed for soft landing
U.S. Secretary of Treasury Janet Yellen holds a news conference at the Museum of the Water Civilization in Morocco on...
IMF says global economy ‘limping along,’ cuts growth forecast for China, euro area
Global growth forecast unchanged at 3.0% in 2023Inflation dropping but 'not quite there yet'-IMF chief economistIMF raises U.S. forecast, cuts...
Shortfall in climate change cash grows ahead of COP28
A general view shows the plenary hall during an international replenishment conference for the United Nations Green Climate Fund in Bonn, Germany, October 5, 2023. REUTERS/Wolfgang Rattay Acquire Licensing RightsUN climate fund adds cash but still below targetUN warns of surging need for funds to cope with climate changeJapan adds $1 bln to fund, US money still missingGermany asks China, Gulf states to contributeBERLIN/BRUSSELS, Oct 5 (Reuters) - The United Nations' main fund for helping vulnerable countries cope with climate change said on Thursday it had raised $9.3 billion, falling...
EBRD says continuous support for Ukraine is key challenge – president
People walk past the new headquarters of the European Bank for Reconstruction and Development (EBRD) in Canary Wharf, London, Britain,...
Funding Ukraine weapons would put EU lending arm on ‘wrong track’, outgoing chief warns
Werner Hoyer, President of the European Investment Bank, attends the Ukraine Recovery Conference in London, Britain June 21, 2023. REUTERS/Hannah McKay/Pool/File Photo Acquire Licensing RightsNEW YORK, Sept 21 (Reuters) - The head of the European Investment Bank (EIB) has warned his soon-to-be-announced successor that bowing to pressure from some EU capitals to fund weapons for Ukraine would put the bank on the "wrong track". Werner Hoyer will step down from the EU's powerful lending arm at the end of December after 12 years turning the EIB into one of the...
EBRD expects Ukraine investment to stay near 1.5 bln euros a year -president
President of the European Bank for Reconstruction and Development (EBRD) Odile Renaud-Basso addresses the Ukraine Recovery Conference in London, Britain...
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