Asked in a 2026 paperVery hard

Among following Who's Makes World's 1st Climate Change Law For Financial Firms?

Correct answer: A. New Zealand

  • A. New Zealand
  • B. Finland
  • C. Switzerland
  • D. Iceland

Explanation

New Zealand introduced the world's first law requiring financial institutions to assess and report climate-related risks. It links banking and investment decisions with national climate-change targets.

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About Global Economy

Global economy covers growth, inflation, interest rates, exchange rates, public debt, trade and employment across major economies. It also includes the work of the IMF, World Bank, WTO and central banks, along with oil and commodity prices, supply-chain disruptions, sanctions, trade agreements and the economic effects of international crises.

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