Latest climate change news
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World Bank approves green reforms, appeals for more money
While technical tweaks should make the World Bank’s capital go further, their impact depends on shareholders injecting fresh funds
The EU must take the driver’s seat in fossil fuel-free transport
Transport accounts for a growing share of global emissions. The EU should lead a push for clean travel at home and internationally
Saudi Arabia, Russia urge World Bank to keep funding fossil fuels
Major oil and gas producers hit back at World Bank reforms that aim to channel more money into clean energy
World Bank targets dirty subsidies to fund climate action
The World Bank says it will try to get governments to stop spending public money making fossil fuels artificially cheap
One million coal jobs face the axe globally by 2050
China and India will see the biggest coal job losses and need to plan support for affected communities, Global Energy Monitor warns
Why airlines are perfect targets for anti-greenwashing legal action
Airlines are proving perfect targets for anti-greenwashing litigation, due to their dubious advertising claims
Following coup, Gabon climate officials face corruption allegations
Gabon’s former environment minister Lee White and three officials have been placed under house arrest after a complaint from a forestry union
Green Climate Fund ambition at risk after ‘disappointing’ pledges
The UN’s flagship climate finance initiative can barely sustain its existing portfolio after a lackluster fundraising conference on Thursday
Capturing coal’s carbon can ease pain of India’s energy transition
Nearly two fifths of India’s districts depend on the coal sector and a rapid phasedown would be devastating for millions of people
Exposed: carbon offsets linked to high forest loss still on sale
Project owners in Cambodia and Brazil are selling carbon offsets to Uber, Marathon and ArcelorMittal despite an uptick in deforestation
UN puts climate ‘course correction’ on Cop28 negotiating table
In response to a global stocktake report, ministers will debate collective goals such as phasing out coal use by 2040 and mobilising $200-400bn for loss and damage
EU’s nominated climate lead wants a global tax on jet fuel
Wopke Hoekstra argues a tax on jet fuel could raise revenue for a planned loss and damage fund, but experts warn that won’t be easy
Cop28 boss’ appeal to raise climate targets met with total indifference
Sultan Al Jaber urged governments to update their national climate targets by September. Not one heeded the call
ADB set to launch first coal early retirement scheme in Indonesia
A finance tool to shut down Asian coal plants up to a decade early will swing into action “soon”, says Asian Development Bank climate envoy
Vietnamese climate activist jailed in ‘unjust’ government crackdown
Five environmentalists have been jailed in the last two years, while the government works on a clean energy partnership with rich nations
New IEA net zero report leaves big polluters less room to hide
The International Energy Agency calls on countries to bring forward net zero targets and rely less on fossil fuel technofixes
The cruise industry says LNG is a climate solution. It’s not
Some of the world’s biggest cruise companies are claiming to be green, while continuing to use weakly regulated fossil fuels
Brazilian government eyes money from Amazon Fund for controversial road
Brazil’s transport ministry plans to bid for money from the Amazon Fund to pave the world’s “most sustainable highway”