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Eskom pushes for lender consent on transmission spin off

BLOOMBERG Eskom Holdings SOC Ltd said it will request that one of the key remaining conditions to separate its transmission unit is concluded within the next month, a step that would mark progress towards transforming the business and opening the grid up to private producers. Spinning off the business to become the National Transmission Co South Africa still requires licenses ...

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UK pushes for ‘step change’ in green financing to reach net zero

BLOOMBERG The UK published a revised version of its green finance strategy, laying out plans to track investment flows and boost transition finance as it seeks to become the world’s first net-zero aligned financial center. In the long-awaited update to a 2019 strategy, the UK said it will publish a series of net-zero roadmaps this year that outline funding needs ...

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Nato chief urges allies to pledge yearly $543 million to Ukraine

BLOOMBERG Nato Secretary General Jens Stoltenberg is pressing allies to pitch in a total of €500 million ($543 million) a year to help Ukraine with non-lethal aid and other long-term support, according to people familiar with the matter. The head of the military alliance wants allies to boost contributions to a fund for Nato’s comprehensive assistance package for Ukraine, which ...

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