US Treasury's Yellen warns of 'cascading' climate risk to financial system

A consortium of Brookfield Renewable Partners, GIC, Temasek and MidOcean Energy, have agreed to acquire Australia's largest integrated power generator, Origin Energy, for AUD18.7 billion ($12.4 billion).

Fixed income investors have increasingly been pricing in the climate strategies of oil and gas firms following the energy crisis sparked by the Russian invasion of Ukraine, according to ABN Amro.