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EU watchdog tells banks to have a 10-year climate plan

Climate risks can include “physical” or weather-related events like floods, and “transition” risks from sudden changes in asset values.

A report from the European Banking Authority (EBA) on Wednesday set out recommendations for banks and their supervisors for approaching ESG risks and help the EU meet its goals of cutting carbon emissions by 2050.

Now in 85 countries, Delta variant expected to become dominant lineage: WHO

WHO noted that since the last detailed update on June 8, new evidence has been published on the phenotypic characteristics of the Delta variant. A study from Singapore showed that infection with Delta variant was associated with higher odds of oxygen requirement, intensive care unit (ICU) admission, or death, it said.

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