Now playing Next Green News World is 'losing the race' to meet climate goals, COP28 president says It is just three days until the United Nations publishes the first-ever global stocktake which will assess how nations are doing in their efforts to tackle climate change. 05/09/2023
Now playing Next Green News These banks have poured trillions of euros into fossil fuel expansion Funding for polluting industries far outstrips support for climate change mitigation, a new report shows. 04/09/2023
Now playing Next Business European Central Bank hikes interest rates to highest level since 2000 Christine Lagarde warned that consumer prices are still rising too fast. 27/07/2023
Now playing Next View EU taxpayers' money still spends the night in climate-unfriendly banks It is imperative that the EU develops a capital allocation strategy that moves its cash towards ethical and sustainable banks, Marilyn Waite writes. 05/07/2023
Now playing Next Europe News 'Turning point': EU and UK strike deal to boost financial cooperation The European Union and the United Kingdom on Tuesday signed an agreement, long-awaited for by London, to boost cooperation on financial services. 27/06/2023
Now playing Next View The EU has excluded leading banks from shaping sustainable finance It’s time to take sustainable banks seriously by including them in the sustainable finance agenda and providing them with platforms to express their views in all EU financial decision-making and advisory bodies, Tom Cummings writes. 22/06/2023
Now playing Next France Climate protest in Paris ahead of finance summit Activists have transformed the Eiffel Tower into an apparent wind turbine to send a message to leaders ahead of a summit on helping developing nations meet the financial challenges of climate change. 21/06/2023
Now playing Next Climate Six months on from COP27, what has - or hasn’t - been achieved? Vital groundwork is being laid for the loss and damage fund. But 43 billion barrels worth of oil fields are set to be approved this year. 12/05/2023
Now playing Next Money JPMorgan to take over deposits of troubled First Republic Bank After Silicon Valley Bank and Signature Bank, First Republic is the third midsize bank in the US to fail in just two months. 01/05/2023
Now playing Next Europe News After market turmoil, EU revamps rules for bailing out mid-size banks The latest proposal from the European Commission comes on the heels of financial turmoil caused by the collapse of three US banks. 18/04/2023
Now playing Next Money First Citizens Bank to buy collapsed Silicon Valley Bank All of SVB's deposits and loans will be taken over by its rival First Citizens Bank, US regulators said late on Sunday. 27/03/2023
Now playing Next Europe News EU leaders insist eurozone is 'resilient' as Deutsche Bank plunges Financial markets have been rocked since the collapse of Silicon Valley Bank and the government-brokered takeover of Credit Suisse. 24/03/2023
Now playing Next Climate Rocking chair rebellion: Why older Americans are set to blockade banks Orchestrated by Third Act, the first mass climate action from older US citizens will target ‘the big four’ US banks. 20/03/2023
Now playing Next Europe News ECB ready to preserve 'as necessary' the eurozone's stability: Lagarde Christine Lagarde's comments come in the midst of persistent turmoil across Europe's banking sector. 20/03/2023
Now playing Next Money Silicon Valley Bank's collapse reignites debate on crypto benefits The Silicon Valley Bank collapse shows cryptocurrency and blockchain are superior technology for running the financial system, say crypto advocates. 16/03/2023
Now playing Next Europe News EU should 'stay alert' after Silicon Valley Bank collapse: McGuinness "Higher inflation and rising interest rates present different challenges to financial stability," said European Commissioner Mairead McGuinness. 15/03/2023
Now playing Next Money How is Europe dealing with the Silicon Valley Bank collapse fallout? The collapse of SVB, the biggest bank failure since 2008, has reverberated around the world. What is being done to limit the fallout? 13/03/2023
Now playing Next Money HSBC to buy the UK subsidiary of collapsed Silicon Valley Bank HSBC has agreed to acquire the UK subsidiary of Silicon Valley Bank for just £1 (€1.13) in a bid to protect the country’s tech sector. 13/03/2023
Now playing Next Climate Revealed: The European cities most at risk from climate damage One Scottish county is forecast to have its climate change damage risk triple by 2050 from 1990, the biggest jump in Europe. 22/02/2023
Now playing Next Climate These are the UN chief's top climate priorities in 2023 Secretary-General António Guterres is calling for an end to the “bottomless greed of the fossil fuel industry" this year. 06/02/2023