Friday

29th Mar 2024

Ticker

Study: Top five global risks all climate-related

A new report from the World Economic Forum (WEF) published on Wednesday reveals that the top five global risks are all environmental: extreme weather events, failure of climate-change mitigation, human-made environmental damage, biodiversity loss and major natural disasters. "World leaders must work with all sectors of society to repair and reinvigorate our systems of cooperation for tackling our deep-rooted risks," said the WEF president, Borge Brende.

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Opinion

EU Modernisation Fund: an open door for fossil gas in Romania

Among the largest sources of financing for energy transition of central and eastern European countries, the €60bn Modernisation Fund remains far from the public eye. And perhaps that's one reason it is often used for financing fossil gas projects.

'Swiftly dial back' interest rates, ECB told

Italian central banker Piero Cipollone in his first monetary policy speech since joining the ECB's board in November, said that the bank should be ready to "swiftly dial back our restrictive monetary policy stance."

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