Business & Economy: The Basel Committee has placed a significant focus on evaluating the financial repercussions of extreme weather events in its climate risk strategies.

Global banking regulators commit to addressing climate risk work

Global leaders are calling for urgent access to climate finance as they grapple with the escalating impacts of climate change. UN Chief António Guterres has issued a stark warning, stating that the "world is heading off the rails" if immediate action isn't taken.

Nations Call For Climate Finance: 'World Is Heading Off The Rails,' UN Chief | WION Climate Tracker

The world bank has achieved a significant milestone in its climate financing efforts. In the last fiscal year, the bank delivered a record 42.6 billion dollars in climate-related funding. This marks a 10 percent increase from the previous year.

World Bank Sets Record In Climate Financing: Major Boost For Sustainability!

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