Bloomberg IDB Invest is in talks to roll out so-called decarbonisation loans to projects in Latin America as the multilateral institution looks to help the region meet its climate goals by accelerating the replacement of fossil fuel assets. “In energy, we are talking to different clients both in Chile and Costa Rica,” Chief Investment Officer Gema Sacristan said. “Our focus ...

Bloomberg Siemens Energy AG will cut roughly a sixth of workers from its gas and power division in the latest sign that the worldwide shift to green energy is upending the fossil-fuel businesses. The company will eliminate 7,800 jobs by the end of its 2025 financial year, including about 3,000 positions in Germany and 1,700 in the US. Roughly three-quarters ...

Figuring out how to combine science with fairness in Covid-19 vaccine distribution is a tricky puzzle. Science can help predict how to distribute limited doses to minimise overall deaths, but that means acting fast, which might compromise fairness. That’s how we end up with outrage when hospital administrators get shots ahead of nursing home residents, or, as The Atlantic reports, ...