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Leaders gather in Canada to discuss global plastic…
World leaders will convene in the capital of Canada this week to discuss the advancements made in drafting the first global treaty on curbing the…
               
Explainer: Global leaders assemble in Singapore for Ecosperity’s…
The 10th edition of Ecosperity took place in Singapore between April 15-17, themed  “Renewing our vibrant spring”. The conference brought together influential political leaders and…
               
UN’s Net-Zero Alliance releases ambitious protocol to halve…
The UN-led Net-Zero Asset Owner Alliance launches the fourth edition of its Target-Setting Protocol. Covering most major asset classes for the first time, it will…
               
Banks wake up as physical risks of climate…
As banks strive to limit global warming to 1.5°C, they face increasing financial risks. With each temperature rise, the threat of economic upheaval grows, challenging…
               
Climate change to cause $38 trillion losses a…
Climate change is projected to cause annual economic losses totaling $38 trillion by 2049, according to findings from the Potsdam Institute for Climate Impact Research…
               
Sustainability Economics works with Asia Carbon Institute, of…
Singapore –17 April 2024 –Sustainability Economics, a leading provider of global net-zero solutions, has announced to choose Asia Carbon Institute (ACI) as the standard for…
               
Azerbaijan to address disagreements on climate finance at…
The Presidency has begun preparations for the upcoming UN climate talks in Baku this November. Officials from Azerbaijan, the host nation, note early disagreements among…
               
Debt-for-nature swaps could generate $100 billion for climate…
A recent report by the International Institute for Environment and Development (IIED), a UK-based non-profit organization, suggests that debt-for-nature swaps could potentially yield $100 billion…
               
‘Old Wives’’ win against the Swiss government, explained
In a recent judgment by the European Court of Human Rights (ECtHR) in the case of Verein KlimaSeniorinnen Schweiz and Others v. Switzerland, the Court…
               
Japan’s greenhouse gas emissions drop to record low
Government data revealed that Japan experienced a 2.5% decline in greenhouse gas emissions, reaching a historic low during the fiscal year ending in March 2023.…
               
Global coal power surges 2%, China a leading…
The world’s coal-fired power capacity saw a record 2% increase last year, primarily fueled by new constructions in China and delays in decommissioning elsewhere, according…
               
Origin names Tony Lucas as finance chief amid…
Origin Energy named Tony Lucas as its new finance chief on Thursday as the Australian electricity retailer transitions towards greener energy alternatives. Lucas, who will…
               
European Court rules Swiss government violated human rights…
In a landmark ruling with far-reaching implications, the European Court of Human Rights (ECtHR) has declared that the Swiss government failed in its duty to…
               
US EPA introduces rule on cutting chemical plant…
On Tuesday, the US Environmental Protection Agency officially enacted a regulation to diminish cancer-causing toxic air emissions from chemical plants. This rule mandates regular monitoring…
               
US Federal Reserve blocks push for climate risk…
According to a Bloomberg report, the U.S. Federal Reserve has intervened to prevent a proposal by the Basel Committee on Banking Supervision that would have…
               
ICVCM approves three certifiers meeting “high-integrity” criteria, Verra…
An international benchmark aimed at defining high-quality carbon offset projects has taken a significant step forward, with three major certifiers receiving approval from the Integrity…
               
US SEC pauses climate disclosure mandates for pending…
Amid political criticism, the US Securities and Exchange Commission (SEC) has postponed implementing new climate-related disclosure requirements, citing pending judicial review. 
               
Citigroup, JPMorgan, Royal Bank of Canada to disclose…
Citigroup, JPMorgan, and the Royal Bank of Canada (RBC) will introduce a new climate measure under deals by New York City Comptroller Brad Lander. 
               
Asset management firm to lead $50 billion investment…
Through its offshore wind unit Corio Generation Ltd., Macquarie Asset Management is investing $50 billion in offshore wind projects across various markets over the next…
               
Climate-driven Amazon drought spurs devastating wildfires in Venezuela
On Monday, data showed Venezuela facing a surge in wildfires due to a drought linked to climate change in the Amazon rainforest region.
               
Solar industry set to soar as US grapples…
As Dan Shugar, the CEO of Nextracker Inc., stated, the unyielding demand for electricity in the United States is poised to overshadow obstacles confronting the…
               
New study reveals 80% of sustainable bonds fail…
New research from the investor-oriented nonprofit Climate Bonds Initiative (CBI) indicates that over 80% of the 768 sustainability-linked bonds issued between 2018 and November of…
               
Biden administration to invest $6 billion in industrial…
The US Department of Energy (DOE) announced the selection of 33 projects slated to receive funding of up to $6 billion. These initiatives aim to…
               
Real estate investors grapple with CO2 shock, turn…
Real estate investors, already struggling with high interest rates, are now confronting the potential for substantial losses prompted by recent European regulations.
               
AI is a key tool in businesses reducing…
During a climate change dialogue at the China Development Forum, Tim Cook, the CEO of Apple Inc., emphasized the importance of artificial intelligence (AI) in…
               
Multilateral lender approves $85 million investment for North…
The Climate Investment Funds (CIF), a multilateral lender, announced on Wednesday its approval of an $85 million investment aimed at assisting North Macedonia in transitioning…
               
Biden’s latest move on auto emissions expected to…
On Wednesday, the Biden administration implemented strict tailpipe emission limits to curb pollution from the country's cars and light trucks. These measures are so stringent…
               
CFC launches innovative carbon delivery insurance to boost…
Specialist insurance provider CFC has made a significant entry into the carbon insurance market with the introduction of its pioneering product, Carbon Delivery Insurance. This…
               
US-China take proactive steps in methane emission reduction,…
According to the deputy US special envoy on climate change, cooperation between the United States and China regarding methane reduction is progressing. He highlighted an…
               
Japan initiates testing of ammonia-coal mix to reduce…
Japanese technology aimed at curbing carbon emissions from existing coal-fired power plants by introducing ammonia as a substitute for coal is set to undergo testing…
               
China falls short of reaching 2025 green steel…
Researchers, on Tuesday, said that China is not meeting expectations in reducing the carbon footprint of its vast steel industry. They attributed this shortfall to…
               
US appeals court temporarily halts SEC climate disclosure…
On Friday, a US appeals court temporarily halted the implementation of new Securities and Exchange Commission (SEC) rules mandating public companies to disclose climate-related risks. 
               
Top oil executives & ministers arrive at the…
This week, oil industry leaders and government officials gather in Houston for a significant energy conference, encouraged by major mergers, stable oil prices, and less…
               
US Chamber of Commerce files lawsuit against SEC…
On Thursday, the US Chamber of Commerce announced that it has initiated legal action against the US Securities and Exchange Commission's recently implemented regulations mandating…
               
‘Water for All’ resounds on 27th celebration of…
March 14: Global celebration of rivers - vital for ecosystems. Advocates unite to protect and raise awareness for International Day of Action for Rivers.
               
US climate envoy urges Japan to accelerate renewables,…
During his visit to Japan, John Podesta, the top US climate envoy, stressed the importance of speeding up the use of renewable energy, especially offshore…
               
Carbon strips market set to soar to $4.15…
The Carbon Strips Market is poised for significant growth, with CoherentMI estimating its value to reach US$ 4.15 Billion by 2031, up from US$ 2.66…
               
US power consumption to reach record highs in…
According to the US Energy Information Administration's Short-Term Energy Outlook released on Tuesday, power consumption in the United States is set to reach unprecedented levels…
               
Japan approves installation of offshore wind power in…
On Tuesday, Japan's government greenlit a proposed amendment to current laws, enabling the establishment of offshore wind power within exclusive economic zones (EEZ). 
               
Texas pushes back against EPA’s new methane rule
In a move against federal regulations, Texas, the largest energy-producing state in the nation, lodged a complaint urging a court to halt a recent rule…
               
February 2024: Hottest on record amidst alarming climate…
Last month was recorded as the hottest February, according to new data from Copernicus, the European Union’s climate monitoring service. This marks the ninth consecutive…
               
Green groups slam SEC over exclusion of Scope…
The US Securities and Exchange Commission approved new climate disclosure requirements for public companies, part of the Biden administration's climate policy. 
               
US SEC adopts climate-related risk disclosure rules 
A West Virginia Attorney General's Office spokesperson announced on Wednesday that ten states led by Republicans have initiated legal action to contest new federal regulations…
               
Singapore’s biggest bank grows sustainable financing to $52…
Singapore's largest bank, DBS Group, announced on Wednesday that it had increased its sustainable financing commitments by 37.3% to 70 billion Singapore dollars ($52.10 billion)…
               
Green bond sales hit record $54.7 billion in…
Green bonds, the largest type of sustainable debt, experienced their busiest February ever amidst a surge of global debt offerings.
               
Regulatory hurdles & greenwashing deter clients from $1.5…
As highlighted by insiders, corporate clients are increasingly withdrawing from the world's second-largest ESG debt market due to added regulations, reduced incentives, and fears of…
               
Biden EPA trims power-plant rule, eyes future gas…
The Biden administration is refining its plan to reduce greenhouse gases from electricity and will set stricter pollution limits for natural gas plants. 
               
EU’s corporate supply chain law stalls; faces backlash…
A law in the European Union aimed at improving corporate supply chains has been stopped by the largest member states, pushing negotiators to reassess the…
               
EU inches closer to 2030 wind power goal:…
The European Union is on track to achieve its wind power goal for 2030, thanks to increased investment and better-permitting processes, according to a report…
               
Regulators rush to seal Biden’s climate plans before…
US federal regulators are rushing to finalize climate initiatives proposed by the Biden administration. These initiatives cover many areas, from the types of vehicles people…
               
EU’s carbon tariffs risk straining Asian economies, offer…
The Asian Development Bank (ADB) reported that the European Union's plan to impose tariffs on high-carbon imports might harm developing Asian countries. However, it's unlikely…
               
Google’s new AI technique hunt for clean electricity…
Big tech companies are rushing to reduce the environmental impact of their vast data centres worldwide. They're starting to use an AI method developed by…
               
World’s biggest climate investor group seeks to strengthen…
The largest climate investor group, Climate 100+ (CA100+), reassured its members that its methods comply with US antitrust and securities laws, per Reuters' letters on…
               
US regulatory body omits certain emissions disclosure mandates…
The US Securities and Exchange Commission (SEC) has decided to remove some of the ambitious greenhouse gas emission disclosure rules from its corporate climate risk…
               
Britain withdraws from Energy Charter Treaty over failure…
Britain announced on Thursday its decision to join other European nations in exiting the International Energy Charter Treaty. 
               
Protest at PM Sunak’s residence lands climate activists…
Three Greenpeace activists will face charges for climbing onto Prime Minister Rishi Sunak's home in protest against the government's plan to grant numerous North Sea…
               
Wall Street gives seal of approval to the…
The recent $26 billion merger of two Texas oil companies marks the latest in a series of deals propelling the era of Big Shale. Wall…
               
Singapore mandates SAF usage for flights departing from…
Singapore's Civil Aviation Authority announced that flights departing from Singapore will be mandated to utilize sustainable aviation fuel (SAF) starting in 2026, with a target…
               
JPMorgan, BlackRock backs out of biggest climate-investor group
JPMorgan Asset Management and State Street Global Advisors announced on Thursday that they are pulling out of Climate Action 100+. 
               
Investors grapple with the Scope 3 emissions in…
As asset managers initially pledged to align their portfolios with net-zero emissions, they largely sidestepped the critical issue of Scope 3 emissions. 
               
Google to help track methane polluters from space 
Tech giant Google will partner with the Environmental Defense Fund (EDF) to track methane emissions using the MethaneSAT satellite scheduled to take off into orbit…
               
Trump could roll back anti-coal diplomacy despite continued…
At the International Energy Agency meeting, US Special Presidential Envoy for Climate John Kerry mentioned that if Donald Trump is re-elected, he may not halt…
               
LSEG report record $949 billion in global carbon…
In 2023, global carbon dioxide (CO2) permit markets hit a record value of 881 billion euros ($948.75 billion), marking a 2% increase from the previous…
               
China’s GHG emissions could peak as early as…
China's surge in renewable energy deployment is poised to bring about an earlier-than-expected peak in greenhouse gas (GHG) emissions, potentially occurring as soon as this…
               
US Government to fund methane reduction projects 
On Friday, the US Environmental Protection Agency (EPA) and the Department of Energy (DOE) released a notice of intent to fund projects that aim to…
               
EU extends deadline for sustainability reporting to 2026
The Council of the European Union and the European Parliament have agreed to postpone sustainability reporting requirements for specific sectors and third-country companies by two…
               
Carbon credit market projected to surpass $343.6 billion…
According to a research study by Global Market Insights Inc., the carbon credit market is expected to hit $343.6 billion by 2032. 
               
Top rival miners team up for ‘green steel’…
The world's leading mining companies, BHP Group Ltd. and Rio Tinto Group, along with Australia's BlueScope Steel Ltd., are coming together to develop Australia's first…
               
European Commission announces strategy to boost industrial CCS…
The European Commission announced its strategy to significantly boost industrial carbon capture, storage (CCS), and utilization capacity across the EU, marking a pivotal step in…
               
Surge in fossil fuels challenges banks’ path to…
For investors who are trying to understand how well banks are sticking to their promises to reach net-zero emissions, changes in climate predictions caused by…
               
Wind energy beats gas in Europe for the…
Last year, Europe made more electricity from wind power than from gas for the first time ever. This drop in using fossil fuels helped cut…
               
California’s historic storm causes $11 billion in economic…
The recent record storm known as ‘Atmospheric River’ in California, with its unprecedented rainfall, resulted in two fatalities and up to $11 billion in damages…
               
‘Atmospheric river’ blankets over California, governor declares emergency 
Severe weather struck California on Sunday, with heavy rainfall and hurricane-force winds affecting a wide area. A phenomenon known as an atmospheric river. Power outages…
               
US House to vote on overturning Biden’s freeze…
The US House of Representatives, next week, will decide whether to cancel the Biden administration's temporary block on approving the export of liquefied natural gas…
               
White House senior adviser John Podesta to replace…
On Wednesday, the White House announced that John Podesta, a senior adviser, will take over from John Kerry as the US climate change diplomat. 
               
Global spending on clean energy hit record $1.8…
Global spending on clean energy reached a record-breaking number of $1.8 trillion last year. However, it is still not enough to reach net-zero emissions, as…
               
California breaks century-old ties with Big Oil 
California, a big player in producing oil, is now breaking ties with the oil industry, a significant move to shift away from fossil fuels as…
               
China breaks solar records in 2023, surpasses 50%…
In 2023, China exceeded the total solar panel installations of any other nation, contributing to its already substantial lead in the global renewable energy landscape. 
               
Upcoming Biden policy to impact natural gas exports,…
The Biden administration is expected to announce plans in the coming days to increase environmental scrutiny on applications for natural gas exports. 
               
Opinion polls suggest 2024 EU elections could make…
The upcoming European Parliament election might complicate the approval of ambitious climate change policies if, as recent polls indicate, takes a "sharp right turn." 
               
Pressure mounts over mining firms as investors raise…
A group of investors overseeing $25 trillion has decided to take action against mining companies that have not adopted safety environmental standards for the construction…
               
US allocates $104 million for energy conservation &…
The US Department of Energy (DOE) announced that it has set aside $104 million in funds for energy conservation and clean energy projects at 31…
               
Biden announces $207 million for fertilizer, rural clean-energy…
The Biden administration is investing $207 million in domestic fertilizer and renewable energy projects to enhance supplier competition for US farmers and ranchers. 
               
Oil giant Exxon files lawsuit against climate activist…
Exxon Mobil Corp filed a complaint in a Texas court on Sunday to block a climate proposal by activist investors from being voted on during…
               
US elections will be significant for global climate…
As the US elections pave the path for many major decisions in 2024, John Kerry, who stepped down from his position as a climate envoy,…
               
YouTube’s revenue soars in millions from climate misinformation…
A recent report revealed that Google-owned YouTube earns millions of dollars a year from advertisements on channels that spread false information about climate change. 
               
Davos 2024: Indian states to pitch innovations, anticipate…
The Annual Meeting of the World Economic Forum commenced on 15 January in Davos, Switzerland. The theme for this year 2024 is “Rebuilding Trust”, with…
               
Countries are trying to opt out of COP28…
According to US Vice President Al Gore, some nations are trying to push out of the landmark agreement, made at the UN climate summit COP28,…
               
Global renewable power capacity up by 50% in…
The global increase in renewable power capacity reached a 50% growth rate last year and is expected to continue setting records throughout this decade, propelled…
               
US greenhouse gas emissions dropped for first time…
Greenhouse gas emissions in the United States experienced a 1.9% decrease last year compared to the preceding year. 
               
Biden’s climate policy shift creates hurdles for LNG…
The Biden administration is reassessing the environmental standards applied in approving upcoming liquefied natural gas export facilities, potentially causing delays in ongoing projects as the…
               
Activist investors to shift focus in 2024; ESG…
Activist investors are anticipated to scale back on environmental and social campaigns this year, as revealed by business consulting firm Alvarez & Marsal Inc. 
               
Azerbaijan appoints Ecology Minister and Ex-Oil Executive as…
Azerbaijan has chosen Mukhtar Babayev, the current Ecology Minister, to lead the upcoming global climate talks, COP29, scheduled to take place later this year in…
               
US solar panel makers at odds with Biden…
Two of US solar companies have questioned the Biden administration's decision to delay tariffs on certain panels imported from Southeast Asia until early June. 
               
World’s biggest banks report $3 billion from green…
The largest global lenders collectively earned about $3 billion in fees in 2023 by facilitating debt for deals positioned as environmentally sustainable, as per Bloomberg's…
               
West Texas earthquake rate plummets after crackdown on…
In 2023, West Texas witnessed a notable decrease in earthquake frequency, marking the first such decline in over five years. This shift followed regulatory actions…
               
Post-election pressures intensify SEC’s struggling climate agenda in…
Environmental activists are anxious as the Securities and Exchange Commission (SEC) faces challenges in fulfilling its ambitious climate-related agenda in 2023. 
               
CCH health officials say PBF Energy faced 46…
Health officials from Contra Costa County (CCH) in California issued a letter to PBF Energy's Martinez refining company on Thursday, expressing their dissatisfaction with the…
               
China to face extreme heat in 2024 
Experiencing one of its coldest Decembers on record, China is anticipated to face the challenges of scorching heat and heightened extreme weather conditions next year,…
               
US industry consolidation to give big oil players…
In 2023, the oil and gas industry went on a $250 billion buying spree. They took advantage of high stock prices to secure cheaper reserves…
               
US secures rights to massive seabed area amid…
The United States has extended its claims over the ocean floor, encompassing an area twice the size of California. This extension grants the US exclusive…
               
High interest rates cast shadow on California’s ambitious…
California, once a pioneer in fostering the US solar industry, is now facing a significant slowdown in rooftop panel sales, posing a threat to widespread…
Demark launches biggest offshore wind tender

Denmark on Monday initiated its biggest offshore wind tender to date, signaling a pivotal move towards bolstering its renewable energy capacity. The tender launched by […]

Mongolia signs nature finance deal to preserve grasslands

Mongolia’s government and a coalition of partners have inked a nature finance agreement to protect 35.6 million acres (144,000 square km) of the country’s lands […]

Study recommends China shift economic engagement with Africa towards energy access and transition

A new study conducted by Boston University’s Global Development Policy Centre and the African Economic Research Consortium suggests that China should redirect its economic engagement […]

JSW Energy secures letter of award for 700 MW solar project from NTPC

JSW Energy has announced that its subsidiary, JSW Neo Energy, has been awarded a letter of award from NTPC for the development of a 700 […]

Study reveals detrimental impact of Oklahoma’s EDEA policy on municipalities

A recent study conducted by the Oklahoma Rural Association sheds light on the adverse effects of Oklahoma’s Energy Discrimination Elimination Act (EDEA) on the state’s […]

Fed to implement Clean Electricity Investment Tax Credit

The federal government is set to advance the Clean Electricity Investment Tax Credit (Clean Electricity ITC), initially proposed last year. This initiative entails a 15% […]