Tag: Finance

EUR 72.6 million in investment aid granted to 13 clean energy projects
Europe

EUR 72.6 million in investment aid granted to 13 clean energy projects

Ministry of Economic Affairs and Employment Publication date 14.10.2024 – Press Release The Ministry of Economic Affairs and Employment has granted a total of EUR 44,546,484 in investment aid to 12 projects under the national Recovery and Resilience Plan (RRP). Moreover, by a decision supported by the Ministerial Finance Committee on 3 October, EUR 28,048,200 was granted to Nordic Ren-Gas Oy for a large demonstration … Continue reading EUR 72.6 million in investment aid granted to 13 clean energy projects

Impact Newswire
Citi and Mastercard
United States

Citi and Mastercard Join Forces to Transform Global Cross-Border Payments

Citi is the first global bank to enable cross-border payments to Mastercard debit cards October 10, 2024 – NEW YORK – Today, Citi (NYSE: C) and Mastercard (NYSE: MA) announced a collaboration to offer cross-border payments to Mastercard debit cards in 14 receiving markets [1] worldwide, with plans for further expansion. Leveraging Citi’s WorldLink® Payment Services and Mastercard Move’s money transfer capabilities, Citi clients can make near-instant, full-value … Continue reading Citi and Mastercard Join Forces to Transform Global Cross-Border Payments

Impact Newswire
S&P Global
United States

S&P Global Launches S&P Global Climate Center of Excellence to Advance Climate, Environmental, and Nature Research

NEW YORK, Oct. 10, 2024 /PRNewswire/ — S&P Global announced today the launch of the S&P Global Climate Center of Excellence, a group of world-class scientists and strategists that will advance S&P Global’s work on long-term climate, environmental, and nature research and methodology development.  The center will collaborate with experts across all S&P Global divisions – S&P Global Market Intelligence, S&P Global Ratings, S&P Global Commodity Insights, … Continue reading S&P Global Launches S&P Global Climate Center of Excellence to Advance Climate, Environmental, and Nature Research

Impact Newswire
International Monetary Fund
United States

International Monetary Fund and World Bank Group Announce Tanzania as the Second Country Benefitting from the Enhanced Cooperation Framework for Scaled-Up Climate Action

October 10, 2024 Washington, DC: The World Bank Group (WBG) and the International Monetary Fund (IMF) are pleased to announce that Tanzania is the second country benefiting from the Enhanced Cooperation Framework for Climate Action (the Framework). This follows the approval of an arrangement under the Resilience and Sustainability Facility (RSF) in June 2024 by the IMF Executive Board, and the WBG’s active engagement on climate action in the country. … Continue reading International Monetary Fund and World Bank Group Announce Tanzania as the Second Country Benefitting from the Enhanced Cooperation Framework for Scaled-Up Climate Action

Impact Newswire
World Bank Group
United States

North Macedonia Faces Severe Climate Change Impacts and Needs Major Investments to Protect People and Economy

Skopje, October 7, 2024 – North Macedonia could face economic damages of up to 4 percent of its gross domestic product (GDP) by 2050 due to the impact of changing climate, highlights the World Bank Group’s new Country Climate and Development Report (CCDR) for North Macedonia launched in Skopje today. According to the report, North Macedonia needs to invest US$6.4 billion over the next decade to effectively protect people and … Continue reading North Macedonia Faces Severe Climate Change Impacts and Needs Major Investments to Protect People and Economy

Impact Newswire
Un Energy Compacts
Global

Finance commitments under Energy Compacts reach $1.4 trilliontowards achieving global goals on clean energy

New report shows continued investment and impact, but more is neededto address energy poverty and transition in underserved countries New York, 25 September 2024 — New commitments to boost renewable energy and increase access to electricity and clean cooking technologies by 2030 have brought the finance and investment pledged through the United Nations for the energy transition to US$ 1.4 trillion, according to a report … Continue reading Finance commitments under Energy Compacts reach $1.4 trilliontowards achieving global goals on clean energy

Impact Newswire
swissbanking
Europe

The impact of geopolitics on the Swiss financial centre 

At the 2024 Swiss Bankers Association Bankers Day, Chairman Marcel Rohner emphasized the importance of Switzerland’s political and economic stability, highlighting key areas such as neutrality, property rights protection, and consistent sanction policies. Four new members joined the SBA Board of Directors. The event underscored geopolitics’ impact on Switzerland’s financial centre. Continue reading The impact of geopolitics on the Swiss financial centre 

Impact Newswire
Mastercard
Global

Mastercard invests in continued defense of global digital economy with acquisition of Recorded Future

Mastercard announced the $2.65 billion acquisition of global threat intelligence company, Recorded Future, to enhance its cybersecurity services and provide greater threat intelligence across its network. The acquisition aims to improve cyber risk mitigation using AI, benefiting Mastercard’s vast client base, fostering innovation, and extending Recorded Future’s market reach. Continue reading Mastercard invests in continued defense of global digital economy with acquisition of Recorded Future

Impact Newswire