By Aziz El Yaakoubi and Maha El Dahan RIYADH (Reuters) -Saudi Arabia wants to collaborate, not compete, with China, the kingdom’s energy minister declared on Sunday, saying he “ignored[...]
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Environment
US solar power installations soar in Q1 on easing panel import gridlock
(Reuters) – U.S. solar energy installations soared 47% in the first quarter, according to an industry report published on Thursday, as easing panel supplies alleviated industry gridlock and allo[...]
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Kenya economic growth to edge up this year, World Bank says
By Duncan Miriri NAIROBI (Reuters) – Kenya’s economy is expected to grow at a slightly faster pace this year, the World Bank said on Wednesday, underpinned by a recovery in the key agricul[...]
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Exclusive-IMF, others should give $100 billion climate FX guarantee – document
By Simon Jessop and Marc Jones LONDON (Reuters) -A top-level meeting in Paris next month will lay out a $100 billion plan to drive more money into climate and development finance in poorer countries b[...]
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Senate Republicans want EPA to drop plan to cut emissions, boost EVs
By David Shepardson WASHINGTON (Reuters) -A group of 27 Senate Republicans on Thursday called on the Biden administration to drop its plan to drastically cut vehicle emissions through 2032 and ramp up[...]
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IMF staff, Kenya reach agreement on over $1 billion of new financing
By George Obulutsa NAIROBI (Reuters) – International Monetary Fund staff and Kenya have reached an agreement that could unlock more than $1 billion of new financing, which could help relieve pre[...]
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World Bank seeks grants, new capital to fight global crises
By Karen Lema MANILA (Reuters) – The World Bank will press for more grants and new capital from member countries, even as it leverages its balance sheet to scale up lending for responses to clim[...]
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French climate investments to drive up national debt burden – think-tank
PARIS (Reuters) – Investments that France needs to finance its transition to a low-carbon economy are set to add 25 percentage points to its debt burden by 2040, a report from the government-fun[...]
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IMF’s Gopinath sees ‘sizeable’ upside inflation risks, says markets too optimistic
WASHINGTON (Reuters) – The International Monetary Fund’s no. 2 official said on Wednesday she sees sizeable risks that inflation will remain high or accelerate in many emerging markets and[...]
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