Latest climate change news
German official sees ‘a chance’ Cop28 can agree to phase out fossil fuels
A bid to get Cop27 to phase out fossil fuels ended in failure last year, after Saudi Arabia, Iran and Russia blocked it
Campaigners sue EU for labelling gas sustainable
Four environmental groups are taking the EU Commission to the European Court of Justice over some gas plant’s inclusion in its green taxonomy
US bets big on carbon-sucking machines
The US has offered $3.5 billion in grants towards direct air capture, hoping to bring down the costs of removing carbon from the atmosphere
Japan, US and EU block G7 from setting coal phase out date
Canada and the UK pushed for the inclusion of a 2030 deadline to end domestic coal-fired electricity. But their plan failed following strong opposition.
China and Brazil to cooperate in stopping illegal trade fueling deforestation
Brazil’s president, Lula da Silva, met with his Chinese counterpart, Xi Jinping in China and announced new collaborations to control illegal deforestation.
Saudi Arabia, Russia push for more World Bank money into carbon capture
At a meeting discussing the World Bank’s stronger focus on climate, Russia has also urged the lender to extend its support for gas projects.
World Bank’s baby steps – Climate Weekly
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“Life or death”: Weather-watchers warn against Elon Musk’s Twitter changes
Elon Musk is charging for automated tweets, making it harder for authorities to warn of extreme weather events
Developing countries call for new government funds for World Bank
Developing nations have called for a capital increase for the World Bank, while rich nations want to stick to accounting tweaks.
World Bank steering committee and US urge for reforms on climate lending
At the World Bank’s spring meeting, US Treasury Secretary Janet Yellen called for the adoption of a reform that would free up funds for climate lending.
Green hydrogen rush risks energy ‘cannibalisation’ in Africa, analysts say
The EU signed green hydrogen agreements with Egypt, Kazakhstan, Morocco and Namibia to supply the bloc with the gas ahead of its 2030 goals.
Green skills to pay the bills – Climate Weekly
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What’s at stake for climate at the World Bank’s spring meeting?
The World Bank controls tens of billions of dollars which can make a real difference in the fight against climate change. A coalition of nations is pushing for green reforms.
G7 may ignore climate warnings and call for new gas investments
A draft communique includes calls investments in gas production but that language is likely to prove controversial among the G7 climate ministers
World Bank’s private sector arm to stop supporting new coal
The International Finance Corporation is closing a loophole that allowed its financial clients to continue funding new coal projects
Migrant workers face risks building Europe’s new gas supplies in the UAE
Climate Home spoke with migrant workers in the UAE, who face harsh conditions and a lack of transparency when risk turns deadly.
Moves to crystallise right to a healthy environment spark tension at UN
Incremental resolutions at the UN are starting to make the right to healthy environment tangible, but are running into pushback from states like the US.
OECD reforms set to give “green” projects better export finance
OECD countries agree to extend support for ‘climate-friendly’ projects. But vague definitions and inclusion of contested activities worry campaigners.
Uncertainty on renewable retraining frightens South Africa’s coal communities
An investigation by Oxpeckers and Climate Home found coal-reliant communities in South Africa have scarce details on how funds for reskilling workers from its $8.5 billion deal will be implemented.
Insurer quits climate alliance, citing legal fears
Munich Re has left the Net Zero Insurance Alliance, fearing legal action from politicians in the US Republican party.