climate

DP World to invest $500 million to cut CO2 emissions

Sultan Ahmed Bin Sulayem, DP World Chairman and Group CEO, announced the company aims to invest up to $500 million to cut CO2 emissions...

COP27: IRENA asks leaders to bridge renewables’ deployment gap

International Renewable Energy Agency (IRENA) -- at the UN Climate Change Conference COP27 – said the collective level of energy transition ambition to date...

COP27 news: UN plan for early warnings against dangerous weather

It will cost the equivalent of just 50 cents per person per year for the next five years to reach everyone on Earth with...

COP17 news: First Movers Coalition commits $12 bn for green technologies

The World Economic Forum and US Special Presidential Envoy for Climate John Kerry announced at COP27 the expansion of a coalition of global companies,...

Progress on biggest promises made during COP26

A Reuters report has revealed the progress on the biggest promises made during COP26 event in Glasgow, Scotland, 12 months ago. NATIONAL EMISSIONS PLANS Nearly 200...

Emerson sells climate tech unit in $14 bn deal to Blackstone

Emerson Electric will sell a majority stake in its climate technologies unit to Blackstone in a deal that values it at $14 billion. The latest...

How $430 bn Inflation Reduction bill will support green revolution

Joe Biden administration claims that the Inflation Reduction Act, the $430 billion bill signed by the President on Tuesday, will offer the following, among...

Joe Biden signs $430 bn bill offering the biggest climate package

United States President Joe Biden has signed into law a $430 billion bill that is seen as the biggest climate package in U.S. history,...