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Multilateral banks need major changes to boost lending - G20 panel

Multilateral development banks (MDBs) must undergo big changes in the way they operate to eliminate poverty, triple sustainable lending levels by 2030 and create a new funding mechanism to further its agenda, a G20 panel said in a report on Tuesday.

Environmental platform urges more than 1,600 high-emitting firms to disclose data

More than 1,600 companies identified by non-profit platform CDP as having the biggest impact on the environment are not disclosing environmental data, it said as it launched its latest campaign to get firms to provide the information.

Exclusive: Mexican officials at oil regulator who rejected Pemex plans were pressured to quit - sources

Last June, Mexico's oil regulator unanimously rejected a plan presented by state energy company Pemex to develop its biggest discovery in three decades, arguing the proposal was both economically and technically unsound.

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