Climate change and environmental risks are increasingly recognized as a concern for financial authorities, yet empirical evidence of the damage for bank balance sheets is relatively scant.

More than at any time in the history, climate change is having an increasingly unprecedented effect on human lives. Economies are affected severely in terms of sovereign risk due to climate change variations influencing the macroeconomy. Asian countries are highly susceptible to economic downturn due to the consequences of climate change.

This report highlights the urgent need to rewire the current financial systems towards (a) de-risking current investments (b) integrating risk reduction into credit allocation and (c) redirecting financial flows towards risk reduction.

This report highlights the urgent need to rewire the current financial systems towards (a) de-risking current investments (b) integrating risk reduction into credit allocation and (c) redirecting financial flows towards risk reduction.

Finance Minister has presented the Union Budget 2023 in Parliament. Among the key takeaways are big incentives under the new income tax regime and a big push in capex. As the Finance Minister presented the Budget, equity benchmarks Sensex and Nifty gained momentum in morning trade.

India's renewable energy sector, which is on the cusp of another growth spurt driven by the next wave of policies and reforms, offers significant investment opportunities for global and domestic investors, according to this joint report by the Institute for Energy Economics and Financial Analysis (IEEFA) and Invest India.

Poor diets and malnutrition in all its forms are among the greatest global social challenges of our time.

There is increasing awareness that existing, unabated coal plants need to be retired before the end of their lifecycle, and a growing demand for financing to meet those objectives.

Nigeria’s economy needs to grow faster to reduce poverty. Despite favorable global oil prices, “business as usual” economic management is not delivering desired outcomes and, even if a crisis is avoided in the near-term, long-standing policy and institutional challenges are persisting and severely constraining the economy.

The report on Infrastructure Financing Trends (IFT) 2019-2020 was prepared in highly unusual period during which the COVID-19 pandemic upended many economic and social trends worldwide.All countries were affected; in Africa, many key social services such as basic healthcare and education were curtailed and jobs were lost, which increased poverty