EXCLUSIVE Delta Air makes $350 million gamble as it lobbies Biden on fuel credits

Delta Air Lines Inc (DAL.N) has stopped buying the credits its oil refining arm needs to comply with U.S. biofuel laws, leaving it with a $346 million liability at the end of the first quarter, as it tries to persuade the White House to ease its obligations, according to previously unreported financial filings and sources familiar with the matter.

EU leaders to debate who will pay for green transition

European Union leaders meet on Tuesday to debate how to split the efforts and costs of the bloc’s shift to a low-carbon future, at a summit that will set the tone for an upcoming revamp of EU climate change policies.

What is driving the growth of green and social finance?

Over the past decade, sustainable finance has become a prominent feature of global finance around the world. Green and social finance which target investments with specific and measurable environmental or social objectives witnessed fast expansion in recent years.