climate
Urgent call for new climate finance target at COP29
The UN Framework Convention on Climate Change (UNFCCC) has highlighted the pressing need for an ambitious global climate finance goal to address escalating climate...
climate
Energy majors plan $500 mn investment in support of UN Sustainable Development Goal
Energy majors such as TotalEnergies, BP, Equinor and Shell announced $500 million joint investment commitment in support of the UN Sustainable Development Goal 7...
climate
COP29 Climate Summit receives financing boost
Major development banks, including the World Bank, have pledged to increase financing for poorer nations dealing with climate change -- at the COP29 climate...
climate
Shell wins appeal against court ruling on 45% cut in carbon emissions
Oil and gas giant Shell won an appeal in The Hague against a 2021 ruling that required the company to cut absolute carbon emissions...
climate
ADB to hike climate-related lending by $7.2 bn
The Asian Development Bank (ADB) plans to increase its climate-related lending by up to $7.2 billion, thanks to U.S. and Japan-backed sovereign guarantees for...
climate
Corvus Energy achieves milestone in reducing maritime CO2 emissions
Corvus Energy announced that its battery systems have helped customers reduce 10 million tons of CO2 since 2013, highlighting a significant impact on the...
climate
Canada hikes emissions cap for Oil & Gas sector
The Canadian government has unveiled draft regulations aiming to reduce greenhouse gas emissions in the oil and gas sector by 35 percent below 2019...
climate
Wood Mackenzie’s Energy Transition Outlook on emissions reduction targets
Wood Mackenzie’s ‘Energy Transition Outlook’ report highlights emissions reduction targets and the path towards net zero emissions.
Global shocks, including geopolitical tensions and economic instability,...