Singapore's DBS Bank is newly listed among the top 60 banks globally which committed US$705 trillion into fossil fuel financing in 2023, a new report shows.
As COP29 president Mukhtar Babayev outlines climate plans for the upcoming negotiations during the Petersberg Climate Dialogue in Berlin, Azerbaijan president Ilham Aliyev said at the same event that it won’t stop investing in oil and gas.
Despite growing interest in nature and biodiversity, most investors have yet to incorporate deforestation into their financing policies and very few have done a detailed deforestation assessment across their portfolios, a new survey finds.