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European Union flags fly outside the European Commission in Brussels, Belgium November 8, 2023. REUTERS/Yves Herman/File Photo Acquire Licensing RightsLONDON, Nov 20 (Reuters) - A private fund that plans to build power projects on sites such as hospitals and data centres to reduce energy wastage has secured backing from the European Union's investment arm.The European Investment Fund (EIF) said it had invested 125 million euros in the 'Green Energy Solutions Fund', which is run by Sustainable Development Capital (SDCL).The investment helped the fund hit its fundraising target of 650 million...

Local resident Tarusila Boseiwaqa walks along a sea wall that no longer protects homes from the intrusion of water at higher tides, as a rainbow forms over Serua Village, Fiji, July 14, 2022. REUTERS/Loren Elliott/File Photo Acquire Licensing RightsNov 4 - Countries moved a step closer on Saturday to getting a fund off the ground to help poor states damaged by climate disasters, despite reservations from developing nations and the United States.The deal to create a "loss and damage" fund was hailed as a breakthrough for developing country negotiators at...

European Union flags fly outside the EU Commission headquarters in Brussels, Belgium September 19, 2019. REUTERS/Yves Herman/File Photo Acquire Licensing RightsMADRID/BRASILIA, Oct 20 (Reuters) - Argentina and Brazil are requesting 12.5 billion euros ($13.2 billion) in financial aid from the European Union in talks to conclude a trade agreement with South America's Mercosur bloc, according to a document seen by Reuters.Three EU and South American diplomats confirmed the Argentine request, which is backed by Brazil, in the rotating presidency of the four-nation Mercosur.Argentina and Brazil have also pushed to exclude...