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☆ Fukushima wastewater released into the ocean, China bans all Japanese seafood
▼ + stars: | 2023-08-23 | by ( Sakura Murakami | ) www.reuters.com time to read: +6 min

Sales to China and Hong Kong accounted for 42% of all Japanese aquatic exports in 2022, according to government data. Separately from China, Hong Kong and Macau have announced their own ban starting Thursday, which covers Japanese seafood imports from 10 regions. Japan will conduct monitoring around the water release area and publish results weekly starting on Sunday, Japan's environment minister said. PROTESTSIn Hong Kong, Jacay Shum, a 73-year-old activist, held up a picture portraying IAEA head Rafael Grossi as the devil. "The Fukushima nuclear disaster is not over.

Persons: Fumio Kishida, Geraldine Thomas, Han Duck, Jacay Shum, Rafael Grossi, Shum, Iizuka, Sakura Murakami, Chang, Ran Kim, Kantaro Komiya, Irene Wang, Bernard Orr, Farah Master, Joyce Zhou, Hongji Kim, Soo, hyang Choi, Raju Gopalakrishnan Organizations: IAEA, Tokyo Electric Power, International Atomic Energy Agency, Japan, Hong, REUTERS, Minwoo, World Health Organization, London's Imperial, Japan Fisheries Co, Korean, Reuters, Thomson Locations: China, Japan, TOKYO, Tokyo, Hong Kong, Fukushima, Busan, South Korea, China , Hong Kong, Macau, Seoul, South, Beijing, Lincoln

☆ Singapore has pledged billions to fight climate change. Experts say it's not enough
▼ + stars: | 2023-06-21 | by ( Nyshka Chandran | ) www.cnbc.com time to read: +5 min

Bloomberg | Bloomberg | Getty ImagesSingapore, a tiny city-state with an import-dependent economy, is especially vulnerable to rising sea levels, heat waves and other adverse effects of climate change. Around the globe, financing for climate adaptation has traditionally lagged behind mitigation investments that are focused on slowing or stopping the rise in fossil fuel emissions. Singapore's climate challengesIn 2019, Singapore prime minister Lee Hsien Loong said climate change was a matter of "life and death" for the city-state. An initiative of London's Imperial College and Singapore Management University, SGFC was launched in 2020 to advance climate financing solutions. In 2020, Vena Energy became the first Singapore-based company to issue green bonds in U.S. dollars with a $325 million five-year green bond aimed at refinancing existing corporate loans for green projects.

Persons: Xinying Tok, Lee Hsien Loong, Grace Fu, Emirhan Ilhan, SGFC, issuances, Vena Organizations: Bloomberg, Getty Images, Singapore, Carbon Trust, National University of Singapore Business School, Green Finance Institute, City State, Singapore Green Finance, London's Imperial College, Singapore Management University, Monetary Authority of, Insurance, Vena Energy, Resources Locations: Getty Images Singapore, Singapore, Southeast Asia, City, Monetary Authority of Singapore

NEW YORK, April 14 (Reuters) - Firms find that investors penalize their stock less for high greenhouse gas emissions if they voluntarily disclose that data, researchers at Lazard's climate center said on Friday. For energy companies the effect was more pronounced: Disclosure actually increased their P/E measure by 0.8%. "People might assume the worst if you don't disclose," said Peter Orszag, chief executive of financial advisory at Lazard. Many firms have pledged in recent years to reduce their carbon emissions, but the report found this had little observable impact on their valuations. "Investors may not interpret pledges as bearing material weight, but rather as ... bolstering public relations," the report said.

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