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How hard could climate change hit the global economy, and where would suffer most?

Climate change could see 4% of global annual economic output lost by 2050 and hit many poorer parts of the world disproportionately hard, a new study of 135 countries has estimated.

The European Investment Bank proposes an end to fossil fuel lending to fight climate change

The European Investment Bank wants to stop funding new fossil fuel-reliant projects by the end of 2020, a draft of the EU lending arm’s new energy strategy showed on Friday.

What is the ECB’s Emergency Liquidity Assistance?