Turkey’s currency continues to flounder, with hardline president Erdoğan apparently determined to prove that the best way to curb inflation is to reduce – rather than increase – interest rates.

Euromoney’s Mystic Maca has looked into the future and it’s all about getting things back to the way they were.

Emerging Europe has been slow to join the fight against climate change. Now the region’s biggest banking group is making its voice heard.

Chief executive of commercial banking Doug Petno says advanced payments technology rather than lending is the key to winning mid-market clients.

Central banks have dominated financial markets through years of interest-rate repression that inflated bond and equity valuations. Suddenly inflation, running at highs not seen for decades, threatens all this. Do central banks have the credibility and capacity to cope with the monster from the 1970s that has returned with a vengeance?

Earlier this year HSBC chief executive Noel Quinn pledged $6 billion of investment in Asia – half of it outside Greater China. Having recognized he can do so much more in southeast Asia and India, how will he achieve this?

Some bankers arriving in Glasgow came down to earth with a bump.

As COP26 winds up, Euromoney looks at how a big reduction in fossil-fuel consumption might impact the currencies of the world’s leading coal and oil exporters.

Rabobank CEO Wiebe Draijer says that private finance must have a role in financing the transition to a more sustainable, equitable and healthy way of feeding the planet.

Governments have been slow to impose compulsory cap and trade schemes, but if voluntary markets nudge them along, a new asset class could flourish.

Nazir Razak, who built CIMB from an obscure Malaysian merchant bank to a pan-regional universal player, is the youngest of five brothers. The eldest, Najib, was the prime minister who was convicted for his role in the 1MDB scandal. That pitted the two against one another. In the background of the brothers’ opposition was the legacy of their father.

The International Sustainability Standards Board (ISSB) is one of the most closely watched developments in climate standards to have been announced at COP26. Although its launch was the culmination of an ambitious project, its work is only just beginning.

A new programme announced at COP26 plans to speed up progress away from coal-fired power in Indonesia and the Philippines by buying out plants, shutting them down, and helping to provide a cleaner alternative.

Intense competition for assets means that risk is being mispriced.

The COP26 summit requires serious and inspired leadership, which its host looks ill-suited to provide.

Policymakers in Moscow are finally promising to tackle climate change. Will the Russian private sector follow suit?

Investors fear that many Asian governments aren’t doing enough to transition to net zero. They are therefore engaging with the region’s largest utilities hoping for better results. CLP may be an example for others to follow.

There has always been great overlap between Shariah-compliant finance and ESG principles. Malaysia is trying to harness the potential that arises from this confluence.

A new poll by the data-room technology provider finds that worries over the potential for post-deal value destruction because of climate change have added to a risk environment already heightened by the coronavirus pandemic.

President Xi Jinping has set out ambitious plans to decarbonize China’s economy. But most companies and banks, hampered by a lack of top-down regulation, have little idea what ESG is, let alone how to measure and report it. It is a mess – and one that China needs to clear up fast.

Before long, investors will pay as close attention to an issuer’s green framework as to its credit rating.

China unveiled a plan for its first national parks on Friday, the final day of the COP15 conference in Kunming. It reveals the weight of Party concerns about pollution and biodiversity fragmentation, and their impact on political stability.

Supervisors attending this year’s meeting of the Institute of International Finance were at pains to show they would not be rushing to impose capital penalties on banks based on climate stress tests. But the issue is at the heart of a debate over what the limits to regulatory scope should be.

The banking sector will never pick its way through the climate change jungle without harmonized regulations. To meet global risks, a global sector needs global standards. It is time for Basel V.

The BlackRock chief executive sees a big gap opening up between the commitments of large public companies and banks and the rest of society as inflation hits.

Sustainable agriculture holds the key to reducing emissions and transforming the global food system, says Rabo Carbon Bank’s chief executive.

Green bonds are still a tiny percentage of total market outstandings, so maybe borrowers making net-zero pledges should tie all their liabilities to them.

Bank of America’s Abyd Karmali is on the Taskforce on Nature-related Financial Disclosures. He spoke to Euromoney ahead of the nature-based COP15 and climate-based COP26 conferences about what is at stake.

The issuance of green bonds is that rare thing: a strategy on which the EU and UK agree. That is especially welcome because achieving net zero will require the participation of enormous volumes of private capital.

Amazonia Impact Ventures says that financing sustainable agricultural production can reduce deforestation rates.