Energy
Angela Merkel criticises EIB decision to ban gas lending
The German chancellor made the comments after incoming EU Commission president Ursula Von der Leyen praised the bank’s progress on climate action
European Union climate investment lags behind US and China
The European Investment Bank warns the EU needs to make “a tremendous effort” to develop a comprehensive climate strategy, putting investment at its core
The world is awash with fossil fuels – it’s time to cut off supply
Australia is a major contributor to the world’s fossil fuel supply problem. It must set production targets aligned with global climate goals
Countries’ fossil fuel production plans inconsistent with Paris Agreement
A UN Environment report warns production of oil, gas and coal to 2030 is on track for warming way beyond 1.5C goal
Banking on the future – Climate Weekly
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European Investment Bank ends lending to fossil fuel projects
EU finance ministers agreed to phase out EIB lending to unabated oil and gas projects, overcoming opposition from some member states in marathon board meeting
The world’s foremost energy outlook is still leading us to catastrophic climate change
Small improvements to the IEA’s authoritative report do little to guide governments, companies or investors towards a clean economic transformation
Nigerian Damilola Ogunbiyi gets top UN sustainable energy job
The first woman to lead the charge for electrification in rural Nigeria said access to power would ‘unlock’ the sustainable development goals
As rich countries slow walk green finance, Putin offers Africa an alternative
Two summits in one week presented a choice for African leaders: stalled promises of climate finance in Paris or business deals in Sochi
What is the real cost of cheap Russian gas?
Few people in the West think about the ethics of buying fossil fuels from Vladimir Putin’s Russia
Time for accountability – Climate Weekly
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Next EU energy chief backs gas as part of climate transition
Former Estonian minister Kadri Simson told MEPs a 2050 carbon neutral target was ‘wise’ and said gas ‘might be the most cost-efficient option’ to get off coal
Growing anti-coal alliance could become non-proliferation treaty for fossil fuel
With the addition of coal-dependent Germany and Slovakia, the powering past coal alliance may start a new, normative era of climate governance
‘New Bretton Woods’ needed to fix global system and climate: outgoing UN official
As she steps down from leading UN sustainable energy push, Rachel Kyte said global institutions must be rebuilt and aligned with action on climate change
Australian emissions rise as LNG production soars
Emissions from gas extraction cause carbon pollution to continue to rise, while agency issues warning about health of Great Barrier Reef
Indonesian government under pressure to stamp out toxic haze
Rampant forest fires are causing polluting smog to travel to neighbouring Malaysia and Singapore, sending air quality plummeting in Southeast Asia
Court blocks Polish coal plant, in win for climate campaigners
Client Earth successfully challenged the Ostrołęka C project on behalf of shareholders, arguing it was a bad financial bet as renewables become competitive
European Investment Bank moots fossil fuel lending ban
The world’s largest development bank proposed a pivot to clean energy, in a draft plan for consideration by EU finance ministers in September
Zimbabweans work at night to beat hydropower shortage as drought bites
Low water levels at Kariba Dam mean power cuts lasting 16 hours a day in capital Harare, making it difficult for businesses to survive
UN warned corporate courts could thwart climate efforts
Campaigners are urging reform of an obscure system that allows coal, oil and gas companies to sue governments if climate policies hit their profits