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Virginia Furness

Virginia Furness

Sustainable Finance Correspondent at Reuters News

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Location
United Kingdom
Languages
  • English
Covering topics
  • Antitrust
  • Business
  • Environment
  • Society

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Recent Articles

reuters.com

World faces nature reality check at UN biodiversity conference

World leaders, diplomats and nature experts gather in Armenia this week to assess lagging efforts to halt biodiversity loss, with ​countries off track on most global targets and divisions over funding still unresolved.
reuters.com

Horse racing - Shock 50-1 winner takes opening race at Royal Ascot

Ten Bob Tony was shock 50-1 winner in the opening ​race at England's Royal Ascot with punters roaring ‌approval as the result was called in the glorious Berkshire sunshine.
reuters.com

Horse racing-Trainer O'Brien dominates elite field in revamped Epso...

Britain and Ireland's top three-year-old colts line up on Saturday ​to contest the 2 million-pound ($2.7 million) Epsom Derby, a unique test of stamina and speed run over the ‌undulating Epsom Downs since 1780.
reuters.com

I Am Maximus becomes first horse since Red Rum to regain Grand Nati...

I Am Maximus became the first horse since Red Rum to regain the Grand National after a valiant battle in the final strides of Saturday's race at Aintree, cementing his place in history as one of the ​greatest steeplechasers.
reuters.com

Four horses die at Cheltenham Festival

Four horses have died at this year’s Cheltenham Festival, including two on the final day of racing on ​Friday, among them Envoi Allen, who competed in the Gold Cup ‌won by Gaelic Warrior.
reuters.com

Leading British horses line up for stellar first day as Cheltenham ...

British trainers Dan Skelton and Nicky Henderson will take on the might of the Irish at jump racing's showcase event with the likes of The New Lion ​and Lulamba vying for a share of the five-million-pound prize pot as the Cheltenham Festival opens.
reuters.com

CEO Daniel Klier leaves role at South Pole carbon consultancy

The head of South Pole, a carbon finance consultancy and project developer, has left his role and will be replaced by current chief financial officer Nadia Kaddouri with immediate effect, two people familiar with the matter said on Thursday.
reuters.com

Sheikh Mohammed tops racehorse sale with £20 million spend

Sheikh Mohammed outbid Amo Racing’s Kia Joorabchian to snatch the top lot at the Tattersalls yearling sale in Newmarket this week where over 130 million pounds ($172.63 million) changed hands in a bid to secure racing’s next star.
reuters.com

Nestle, others warn EU law delays are endangering forests worldwide

Major agri-food companies including Nestle , Ferrero and Olam Agri have warned that European Union delays to its anti-deforestation law are endangering forests worldwide.
reuters.com

Former U.S. climate envoy Kerry says 'ESG' needs to rebrand

Money managers' approach to environmental, social and governance investing in the United States has been discredited and needs to shift its focus from morality to economic impact, John Kerry, former U.S. Secretary of State and climate envoy under President Joe Biden said on Tuesday.
reuters.com

Green energy pact has curbed fossil fuel funding

Public funding for international fossil fuel deals fell by up to 78% last year across a coalition of 35 countries, though members of the group, including Germany and the United States, approved new projects, research by a group of NGOs showed on Tuesday.
reuters.com

Nature loss threatens 25% profit hit for mining, power firms, Barcl...

Company earnings could fall by as much as 25% over five years due to nature degradation, Barclays said, as rising input costs and operational disruptions driven by policy changes and worsening environmental conditions begin to bite.
reuters.com

Gambling tax fight brings jockeys, racing industry to Westminster

Jockeys in white silks lined up outside parliament in central London on Wednesday, the first protest by the racing industry as it fights against a government proposal which could see taxes on online horse racing bets increased.
reuters.com

Development banks' climate finance hit record $137 billion in 2024​

Multilateral development banks provided a record $137 billion in climate finance in 2024, up 10% from the previous year, and also helped boost private sector funding for climate-related investments by a third, a report by the banks showed on Tuesday.
reuters.com

Why is British horse racing going on strike?

No horse racing will take place in Britain on September 10 as jockeys, trainers and racecourses stage their first strike, protesting a government review that could raise taxes on remote bets. The stoppage marks the first time the sport has voluntarily halted racing in its history.
reuters.com

Standard Chartered inks deal to sell jurisdictional forest credits ...

Standard Chartered has agreed to sell millions of carbon credits aimed at protecting the Amazon rainforest on behalf of the Brazilian state of Acre as it looks to build out its carbon credits business and foster trust in the nascent market, a senior banker told Reuters.
reuters.com

UBS joins exodus from climate banking alliance

Swiss lender UBS will leave the Net-Zero Banking Alliance, following the departure of major British banks Barclays and HSBC, as part of an annual review of its sustainability and climate-related memberships.
reuters.com

Carbon project developers call for complaints procedure overhaul

Dozens of carbon project developers are urging the registries that set standards for the voluntary carbon market to overhaul their complaints procedures, following several high-profile cases that have dented trust in the sector.
reuters.com

Barclays latest British lender to quit climate banking alliance

Barclays has become the latest British lender to quit the Net Zero Banking Alliance, the bank said on Friday, arguing that the departure of several global lenders has left it no longer fit to support the bank's green transition.
reuters.com

Trump administration proposes bigger role for Development Finance C...

The Trump administration wants to provide the U.S.'s flagship development agency more leeway to finance projects in high-income countries, while quadrupling its spending power and enhancing its national security focus, according to a White House proposal seen by Reuters.
reuters.com

NatWest scales-up support for net-zero transition

British lender NatWest plans to double the amount of money it will dedicate to help clients meet decarbonisation and climate goals, saying on Friday that it recognised it needed to do more to support the energy transition.