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Water problems could push the non-performing assets of banks higher as many lenders have loan exposure in sectors where there are risks to water resources, says a report.

Indonesian poultry farmer Yohanes Sugihtononugroho faced ruin four years ago when plummeting prices forced him to slaughter all 100,000 of his chickens and shutter his business.

From Pakistan to Panama, a steady stream of countries from the Global South have endorsed China’s Belt and Road Initiative (BRI) promoting connectivity since its launch in 2013.

This report is the result of a collaboration between sixteen of the world’s leading banks with UN Environment Finance Initiative (UNEP FI), and climate risk and adaptation advisory firm Acclimatise.

Many banks face a climate data gap in identifying the energy technology exposure of the companies in their lending portfolios.

Banks are under pressure to disclose how their lending and investment activities affect global climate goals, but have struggled to choose the right metrics.

Bank holdings in “extreme” fossil fuels skyrocketed globally to $115bn during Donald Trump’s first year as US president, with holdings in tar sands oil more than doubling, a new report has found.

The failure of 59 of the world’s largest banks to recognize climate risks and opportunities threatens to undermine efforts to support the transition to a low-carbon economy. This is the key finding of a report by Boston Common Asset Management report titled "Banking on a Low-Carbon Future".

YES Bank on Wednesday said it will mobilise $1 billion till 2023 and $5 billion till 2030 towards financing solar energy projects in India.

Countries that are open to international banking can benefit from global flows of funds, knowledge, and opportunity, but the regulatory challenges are complex and, at times, daunting says this new report released by the World Bank.  

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