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BBCNEWS World July 5, 2024

instead they are taking the long way round from asia to europe and around the cape of good hope. thats an extra 3500 nautical miles, or up to two weeks sailing, adding as much as a million dollars per ship in fuel alone. maersk ceo vincent clark told the bbc�*s aaron heslehurst that these extra costs are already being passed onto consumers. this is one of the most important arteries of global trade and having to re—route all of this cargo now south of the cape of good hope is going...
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Climate Risk Management Vs. Community Development Lending: NYDFS Wants Its Banks And Mortgage Companies To Do Both - Financial Services

On December 21, 2022, the New York Department of Financial Services proposed guidance for how the banks and mortgage institutions it regulates should manage climate-related financial risks.
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Source: mondaq.com

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