Rolling updates on the climate ambition summit co-hosted by the UK, France and UN on the fifth anniversary of the Paris Agreement
CIMB has been hailed as the first major bank in an emerging market to publish a coal exit strategy, after investing $2.6 billion in the sector last decade
A Chinese government-commissioned report proposes stricter environmental standards for “belt and road” investments, but it needs buy-in from financial institutions
Temperatures reached 38C in Siberia, leading to wildfires and increased melting of the sea ice and putting 2020 on course for 1.2C warming globally
EU leaders endorsed Riyadh’s contentious “circular carbon economy” vision at the G20 summit, in exchange for a renewed commitment to phasing out fossil fuel subsidies
Experts are calling for relief and resilience funding for Nicaragua and Honduras, as warming seas fuel extraordinarily intense storms
Brazilian campaigners are fighting in the Supreme Court to reinstate anti-deforestation policies and resources slashed by the Bolsonaro administration
Turning out black and Latino voters, who are hardest hit by climate change and pollution, is seen as key to Democrat chances of winning US Senate control in January
SSE, Scottish Power and National Grid have been named as sponsors of next year’s UN climate summit in Glasgow, with SSE defending a “transition” investment in gas power
Despite net zero pledges from the governments of China, Japan and South Korea, the ADB and AIIB are reluctant to commit to reducing finance to fossil fuels
US president-elect Biden sees Johnson as a “clone” of Trump and disagrees with him on Brexit, but both leaders want to make next year’s Glasgow climate talks a success
Climate advocates from around the world welcomed Joe Biden’s victory, heralding a US return to international cooperation on the climate crisis
Climate activists have reacted angrily to Donald Trump’s unfounded claim he won the US presidential election, mobilising to defend the democratic process
Brazilian campaigners said tolerating the Bolsonaro administration’s spying at climate talks would set “a grisly precedent” and called on the UN to prevent future incidents
Brussels’ proposed green reforms to the Energy Charter Treaty face resistance from Japan, yet do not go far enough for environmental campaigners
Banks, companies and governments are axing support for coal, driven by climate concerns and competition from renewables, but hundreds of plants are still in planning
In an agreement that took two years to negotiate, Peru will get finance for sustainable development projects while Switzerland takes credit for the emissions cuts
PGE has announced a strategy to go 100% renewable by 2050, but it depends on passing responsibility for coal mines to another Polish state-owned entity
Nearly 80% of climate finance is in the form of loans that must be repaid, adding to the debt burden of the poorest countries, anti-poverty campaigners found
Jacinda Ardern won a second term as New Zealand leader with a landslide majority, in an endorsement of her government’s net zero emissions goal