Investors have yet to embrace Canadian miner Teck Resources Ltd's proposal to spin off its highly polluting coal business and focus on production of copper to help supply society's move toward electric vehicles.

The private investment arm of the Inter-American Development Bank's parent group on Friday announced alongside Colombia's Banco de Bogota the issue of a sustainability bond worth $230 million funding social and climate projects.

For years Silicon Valley Bank was a lender of choice for climate technology startups keen to tap specialised support for early-stage companies. Post its collapse, they may face higher finance costs wherever they next choose to bank.

Italy's biggest utility Enel said on Thursday its net profit came in at 5.4 billion euros ($5.7 billion) last year, down from 5.6 billion euros reported in 2021, but better than the group's updated guidance.

OTTAWA (Reuters) -Canada will boost investments in the green transition in this year's budget to compete with massive U.S. incentives, but the aim is to claim a portion of the growing clean-tech industry, not to go head-to-head with the world's biggest economy, a senior Canadian government source said.

SEOUL (Reuters) -South Korea's national pension fund will consider climate change as part of its stewardship activities going forward, the welfare ministry said on Tuesday.

Two former JP Morgan credit bankers on Monday launched a new impact investment advisory firm focused on emerging market infrastructure, with a minority stake by British insurer Legal & General's alternative investments arm.

Britain’s FirstGroup will add another 117 electric buses to its fleet by next year after the public transport operator secured new funding as part of the country's move towards cleaner travel. 

The European Union said on Wednesday it had reached a deal on the world's first set of comprehensive rules for issuing green bonds to meet the bloc's net zero goals, although compliance will be on a voluntary basis.

Italy is in talks with European Union authorities to secure at least 6 billion euros ($6.33 billion) under the so-called REPowerEU plan to completely wean itself off Russian gas and boost efforts to make its economy more green, sources said.