Switzerland’s UBS says it no longer will finance new coal-fired plants

first_imgSwitzerland’s UBS says it no longer will finance new coal-fired plants FacebookTwitterLinkedInEmailPrint分享S&P Global Market Intelligence ($):UBS Group AG said it will no longer provide project-level finance to new coal-fired power plants around the world, as it outlined tighter rules on funding such transactions.Switzerland-based UBS noted it will only finance existing coal-fired operators — defined as being more than 30% reliant on coal — that have a transition strategy that supports the Paris climate agreement, or transactions that are related to renewable energy.The bank also intends to source 100% of its electricity from renewable sources by 2020.UBS said its carbon-related assets amounted to $2.7 billion in 2018, down from $6.6 billion a year before. Climate-related sustainable investments totaled $87.5 billion, up from $74 billion in 2017.Additionally, UBS disclosed that its total sustainable investment assets and core sustainable investment assets stood at $1.11 trillion and $313 billion, as of Dec. 31, 2018, respectively, representing 35.8% and 10.1% of the banking group’s total invested assets.More ($): UBS further tightens rules on coal financinglast_img read more

Opening of the Ski Season at Bjelašnica and Igman around Mid-December

first_img“All works at the Ski-centre Bjelašnica – Igman were intensified in order for the entire infrastructure to be ready for the ski-season” – said Ranka Rakić from the PR service of ZOI 84 for Fena Agency.The pre-sales of the ski tickets started on November 21st and lasts until December 10. Rakić pointed out that the prices of the tickets were reduced in comparison to those last year.“ZOI 84 determined a discount of 50 % for those visitors who have last year’s tickets. The season ticket with a photo is 175 while the price of a transferable season ski ticket is 350 BAM. The discount is foreseen for those who hadn’t buy a season ski ticket last year too so the price of it is now 245 BAM while the transferable ticket is 490 BAM. These tickets include night skiing too. – said Rakić.The tickets sale is effectuated at the Tourist Agency Zoi Tours in Branilaca Sarajeva 21 street, on working days and Saturday from 08:00 to 16:00 o’clock.(Source: Radio Sarajevo / photo: zoi84.ba)last_img read more

Our favorite photos from the Costa Rica Animal Rescue Center

first_imgRelated posts:Inside Costa Rica’s Sloth Sanctuary: Horror show or a solution to a complicated issue? Katja Bader and the animals of Jacó Slothy Sunday: A lazy, sunny afternoon Facebook Comments The Tico Times recently visited the Costa Rica Animal Rescue Center, a non-profit with a mission to rescue, rehabilitate and release animals back into their natural habitat.Of course, we took pictures. Check out our favorites in the gallery.Learn more about the Animal Rescue Center here.last_img