Weak demand for low-carbon products hampers green investment, COP28 initiative says 20/9/2024

Weak demand for green products is curbing needed investment of up to $700 billion in low-carbon projects in heavy-emitting industries such as aluminium, steel and cement, an initiative launched at last year's United Nations Climate Summit says. ...more

Coffee growers look to postpone EU deforestation requirement 20/9/2024

The world's top coffee body is set to request that the European Union postpone a requirement that imported beans come from areas not linked with deforestation, the group's head said on Wednesday. ...more

Global spending on subsidies that harm environment rises to $2.6tn, report says 19/9/2024

Exclusive: analysis finds $800bn increase in direct support for activities including deforestation and fossil fuel use. ...more

Norway: electric cars outnumber petrol for first time in ‘historic milestone’ 19/9/2024

Nordic country, paradoxically a major oil producer, has set target for all new cars sold to be zero emission? ...more

Superyacht and private jet tax could raise £2bn a year, say campaigners 19/9/2024

Oxfam says ‘commonsense solution’ would reduce emissions and raise urgently needed climate finance? ...more

New OECD report on Biodiversity and Development Finance 2015-2022: Contributing to Target 19 of the Kunming-Montreal Global Biodiversity Framework 19/9/2024

A new OECD report provides an overview of biodiversity-related development finance by members of the OECD Development Assistance Committee (DAC) and other providers. ...more

Wildlife charity declares 'butterfly emergency' 19/9/2024

A wildlife charity has declared a national “butterfly emergency” after its annual Big Butterfly Count recorded its lowest ever numbers. ...more

Ozone layer on road to recovery despite volcano eruption, UN weather body says 18/9/2024

The world's ozone layer is on "the road to long-term recovery" despite a destructive volcanic eruption in the South Pacific, the World Meteorological Organization said on Tuesday, after efforts to phase out ozone-depleting chemicals. ...more

COP29 leaders unveil climate funding and energy storage goals 18/9/2024

Less than two months ahead of the COP29 United Nations Climate Summit, the Azerbaijani leadership laid out its plans on Tuesday for what it hoped to achieve, as countries continue to wrestle with how to raise ambitions for a new financing target. ...more

Grid Limitations Hold Back Renewables Breakthrough, Says New REN21 Report 18/9/2024

Renewable energy has the full potential to power the world’s energy demands but can only be achieved through urgent improvements in grid infrastructure and integrated planning, REN21 report shows. ...more