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China central bank: country must make $315 b $630 billion green investments per year

2015-10-09 12:44:00| Climate Ark Climate Change & Global Warming Newsfeed

Blue and Green: Chinas central bank deputy governor, Yi Gang, has said that China must make green investments of between 2 and 4 trillion yuan (205bn 410bn) every year for the next five years, with the Chinese government only able to cover 15% of that amount. Yi was speaking on Thursday at the International Monetary Fund meeting in Lima. He added that China will make green finance a top priority when it takes up the G20 chair next year: If we dont have international cooperation, we will find that investment...

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Bayer Ag PT Set at a 145.00 by Berenberg Bank

2015-10-09 10:29:31| Chemicals - Topix.net

The brokerage presently has a a "buy" rating on the stock. A number of other analysts have also issued reports on BAYN.

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World Bank puts USD 56 mln into Gabon ICT

2015-10-09 09:42:00| Telecompaper Headlines

(Telecompaper) Gabon and the World Bank have started preparations for a new USD 56 million eGabon project, which will leverage ICT to promote the country's socioeconomic development. A statement from the World Bank said the eGabon project, will be implemented with the Ministry of Health, ANINF (Agence Nationale des Infrastructures Numériques et des Frequences), and CNAMGS (Caisse Nationale d'Assurance Maladie et de Garantie Sociale). The project aims to improve the performance of the National Health Information System (SNIS) by strengthening its human and financial resources and upgrading health facility equipment and infrastructure.

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Bank of England head rebuts critics of his global warming remarks

2015-10-09 01:58:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: Bank of England Governor Mark Carney struck back on Thursday at critics of his recent remarks about the effect of climate change, saying it has real effects on the insurance industry, which the central bank regulates. He said the Group of 20 leading industrialized nations had this year asked the Financial Stability Board, which coordinates financial regulation of the G20 and which Carney chairs, to produce an assessment of the implications of climate change for financial stability. "One thing...

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Bank votes 8-1 to hold UK rates

2015-10-08 14:00:47| BBC News | Business | UK Edition

The Bank of England votes 8-1 to hold UK interest rates at the record low of 0.5%.

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