MUFG sustainability-linked loans financed deforestation in Indonesia: NGO

Published on August 28, 2024

The mechanism is meant to incentivise borrowers to improve their environmental performance. But an NGO argues that the bank, in lending millions to palm oil and paper company RGE despite its links with deforestation, is guilty of greenwash.

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In the shadow of a drought: How the Panama Canal is shoring up against a shifting climate

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After one of the driest years on record wreaked havoc on the Panama Canal, officials there had a few things to celebrate this month.First, it was a birthday: 110 years since the first ship transited through the dredged passageway in the Central American country, changing the way marine traffic moves around the world forever. Second, after a prolonged drought that caused dramatic delays to global s

Rethinking emissions targets in developing countries

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