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U.S. picks Ajay Banga to lead World Bank

President Biden tapped the former Mastercard chief executive to run an organization that found itself mired in controversy after comments by the current president about climate change.
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Ukraine war’s latest victim? The fight against climate change

As leaders of the Group of 7 gather in Germany, the scramble to replace Russian fossil fuels is raising concerns that hard-won climate targets will be missed.
U.S. warns climate poses 'emerging threat' to financial system

U.S. warns climate poses 'emerging threat' to financial system

A Financial Stability Oversight Council report could lead to more regulatory action and disclosure requirements for banks.
Biden tells officials to prepare for climate change's impact on economy
www.nytimes.com

Biden tells officials to prepare for climate change's impact on economy

A warming planet holds potential risks for home prices, investments, banking and other aspects of the global economy, the government said.
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