Policymakers are pushing investors to do more to ensure their portfolio choices help to meet the 2015 Paris Agreement to combat climate change by limiting planetary warming to well below 2 degrees Celsius, and preferably to 1.5C.
Britain's banks and insurers must come up with credible plans for protecting themselves against risks from climate change and may need to hold more capital, the Bank of England said on Monday.
Hungary will relax rules on the construction of small solar power plants and subsidize loans to landowners as part of efforts to promote renewable energy, a government official said on Thursday.
