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The Swiss National Bank reiterated its commitment to tackling climate change on Wednesday, saying it would take environmental factors into consideration in its macroeconomic modeling and monetary policy analysis.
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Spain's BBVA on Wednesday said it had set intermediate targets to decarbonise its portfolio in four CO2-intensive industries as part of the lender's sustainability policy.
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The United Nations on Wednesday launched a new finance mechanism aimed at saving African governments $11 billion in borrowing costs in the next five years, while fostering greener investments and sustainable development.
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At least 19 countries plan to commit at the COP26 climate summit on Thursday to stop public financing for fossil fuel projects abroad by the end of next year, according to two people familiar with the talks.
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BlackRock Inc told Reuters it has raised a target-beating $673 million for an infrastructure fund with backing from the French, German and Japanese governments to invest in climate-focused projects such as renewable energy in emerging markets.