The bank plans to relax its lending rules to channel more money into projects tackling climate change – but officials pushing the reform say it is too timid
Attempts to get governments to agree to “phase out” fossil fuels were unsuccesful at Cop26 and Cop27 and that battle is likely to be re-fought at Cop28
More companies claim that supply-chain carbon removal is the way forward. But a new report raises concern over the credibility and transparency of insetting.
Lentz accused the European Union of helping protect fossil fuel investments but climate campaigners accused him of a “desperate attempt” to keep the EU in the treaty
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The bank is under pressure to free up more money to tackle climate change but one expert said this measure does not go far enough
Last year, the World Bank’s president David Malpass refused to accept the scientific consensus on global warming, leading to calls for the US government to push him out
A new study has found that most energy transition models ask nations like China, India and South Africa to cut coal use twice as fast as developed countries ever did.
Jaber, who also heads the state oil giant Adnoc, fueled activists’ worries about fossil fuels in the upcoming UN climate negotiations.
With Jair Bolsonaro out of power, one obstacle to US funding for Amazon rainforest protection has gone – but Republicans in Congress could still block funding.
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Fewer than half the seats on a loss and damage transitional committee have been filled, holding up work to channel funds to climate victims
Experts fear that fossil fuel companies will restructure their operations through Switzerland to keep suing governments over climate action
The Office for the Coordination of Humanitarian Affairs had only seven staff in Islamabad to assess the needs, down from 35 five years earlier
After big European nations said they would leave the Energy Charter Treaty, the European Commission now says a joint EU exit is the best option
Denmark wants to suck more carbon dioxide out of the air than it emits by 2050 and store it in old North Sea oil and gas fields
Last year was marked by a record-breaking heatwave and China’s weather agency has warned of more this year, as the climate crisis escalates
As formal negotiations get into the finer details, Cop28 should bring more focus – and accountability – to action in the real economy
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Colombia will get the first pay-out of a $300m Climate Investment Funds pot for transmission lines, batteries, EV chargers and green hydrogen