The world’s largest economies agreed to push for a tripling of renewable energy capacity by 2030, but made no progress on oil and gas phaseout Leaders of the world’s largest…
Tag: climate
Climate plans fall short of meeting climate goals
The UN Global Stocktake report calls on governments to scale up renewable energy and phase out all “unabated” fossil fuels. The world is not on target to curb global warming…
Global heating affected most of the world’s population last quarter
Peer-reviewed research by Climate Central found 98% of people worldwide experienced temperatures heightened by climate pollution June-August Nearly all of the world’s population experienced higher temperatures from June to August…
Despite oil and gas Cop26 pledge, rich countries invest billions
The US, Germany and Italy have been accused of backsliding on a Glasgow promise to end public subsidies to fossil fuel projects overseas The United States, Italy and Germany are…
A Wolf in Sheep’s Clothing
Turning Africa into a source of carbon credits will benefit polluters and middlemen, not most Africans and not the planet There is increasing hype and push for so-called voluntary carbon…
African Climate Summit declaration sidesteps fossil fuels
A joint statement forming the basis of Africa’s negotiating position for Cop28 is silent on the role of oil and gas African leaders have stopped short of calling for a…
UN plastics treaty poses a threat to Big Oil’s Plan B
Countries are considering a global target to curb plastic production, not just focus on recycling as the industry wants Governments will soon debate whether to set a global target to…
UAE pitches itself as Africa’s carbon credits leader
An Emirati coalition has announced a $450 million commitment to buy carbon credits generated in Africa but critics called offsets a “risky diversion” The United Arab Emirates is positioning itself…
What are green debt swaps?
Debt-for-nature and debt-for-climate swaps are becoming more common, with Ecuador’s recent $1.6bn deal the biggest yet. How do they work? Government debts are rocketing to untenable levels while the need…
US denies rigging loss and damage fund’s board
The US wants extra seats for major donors to the fund on top of developed country representation, sparking accusations of “double counting” The USA has hit back at claims that…
