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Environment

NY launches offshore wind solicitation as it strives to meet green goals

By Scott DiSavino and Nichola Groom (Reuters) - New York released a new offshore wind solicitation on Thursday to keep the state on track to meet its renewable energy goals and support a nascent

Explainer-How will countries measure climate action at COP28?

By Kate Abnett DUBAI (Reuters) - Countries will for the first time assess how far off track they are to curb global warming at this year's COP28 climate change summit, a process known as the "global

What to watch at COP28 on Friday?

DUBAI (Reuters) - This year's COP28 climate summit, being held in the glitzy Middle East city of Dubai, clicks into its first full day of scheduled events on Friday. Britain's King Charles III, who

Exclusive-Top development banks to launch debt-for-nature swap ‘task force’

By Marc Jones LONDON (Reuters) -The world's top multilateral development banks are set to launch a global "task force" at the COP28 climate summit in the coming days to scale up the number and size of

Analysis-Hedging climate risk a COP28 focus for poorer countries

By Alessandro Parodi, Simon Jessop and Libby George GDANSK/LONDON (Reuters) - Low-income countries are struggling to access insurance, catastrophe bonds and other hedging mechanisms that could help

UAE set to announce $30 billion climate finance fund at COP28 -sources

By Hadeel Al Sayegh and Simon Jessop DUBAI (Reuters) - The United Arab Emirates is preparing to announce a new $30 billion climate-focused investment fund during COP28 with backing from some of the

Bahrain wealth fund Mumtalakat anchoring Investcorp $750 million climate fund

DUBAI (Reuters) - Bahrain-based alternative asset manager Investcorp is launching a $750 million climate fund, anchored by sovereign wealth fund Mumtalakat. The fund, Climate Solutions Partners, will

Zimbabwe sees economic growth falling in 2024 due to drought

By Nyasha Chingono HARARE (Reuters) -Zimbabwe's economic growth is expected to fall to 3.5% in 2024 from 5.5% this year, mainly due to an anticipated drought caused by El Nino, Finance Minister Mthuli

Exclusive-World’s top MDBs to launch debt-for-nature swap ‘task force’ – sources

By Marc Jones LONDON (Reuters) -The world's top multilateral development banks are set to launch a global "task force" at the COP28 climate summit in the coming days to scale up the number and size of

Caspian Pipeline Consortium resumes oil loadings at Black Sea terminal

MOSCOW (Reuters) -The Caspian Pipeline Consortium (CPC), a main export route for Kazakhstan's crude oil, said on Thursday it has resumed oil loadings at its Black Sea terminal which had been suspended

On Camera

Why the 2026 Bengal assembly election is Mamata’s toughest battle and BJP’s best bet

A day after the polling, both parties are on the edge, trying to figure out which way the wave will swing. But one thing is clear. The outcome of this election is going to be a make-or-break for both parties.

RBI cancels Paytm Payments Bank licence citing rule violations

As per a filing issued to exchanges by parent company One 97 Communications, Paytm & its services will continue to operate uninterrupted.

Aksai Chin for Arunachal: Ex-Indian Army chief Naravane backs revival of 1950s China offer on border row

Gen Manoj Naravane (retd) said in an exclusive interview with ThePrint that India should focus on having more experts who understand China's psyche and its workings

Trump, Netanyahu’s Iran gamble: The regime change rebound

American objectives are unmet. They neither have muscle nor motivation to resume the war. As for Iran, the regime didn’t just survive, it’s now led by more radical individuals.