climate

UN, UNESCO, and Brazil launch global initiative to tackle climate disinformation

The United Nations, UNESCO, and the Brazilian government unveiled the Global Initiative for Information Integrity on Climate Change at the G20 Leaders’ Summit in Brazil on Tuesday. The initiative...

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...

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...

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...

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...

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...

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...

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...

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,...

Hurricane Milton causes devastation across Florida, loss reaches $50 bn

Hurricane Milton, a Category 3 storm, wreaked havoc across Florida on Thursday, killing at least 10 people and leaving millions without power. According to a...

Unilever partners with retail giants to cut emissions and boost sustainability

Unilever, the consumer goods giant with revenues of nearly €60 billion, will partner with its top 10 retail customers to reduce greenhouse gas emissions...