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Energy transition

Climate change is already affecting economic activity in both emerging and advanced economies, say the banks.
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The central bank is separately seeking feedback on provisional criteria for coal phase-outs under its incoming taxonomy.
The inauguaral issuance is expected between October 2023 and March 2024.
The taxonomy's multi-tier model is designed to respond to regional diversity.
The region is home to carbon-intensive economies and vulnerable to climate-related risks.
The latest developments in ESG-related funds: Impax AM and BNRG launch solar project; Essex Pension Fund partners with UBS on sustainable transition fund.
EU flags and coins
Dedicated 'go to' areas for renewable energy assets could spark debate on wildlife protections and community building.
The Responsible Minerals Initiative has separately revised its due diligence framework.
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