World Bank to stop funding oil and gas projects

The World Bank has pledged to stop financing oil and gas projects after 2019. The announcement was made at the One Planet Summit in France earlier this week as part of its plans for effective implementation of the Paris Agreement’s goals. However, in exceptional circumstances, consideration will be given to financing upstream gas in the […]

€5m for bright minds that turn sunlight into fuel

Researchers and innovators are being offered €5 million (£4.4m) for the best prototype that produces sustainable fuel by combining sunlight, water and carbon from the air. The European Commission’s competition was launched at the One Planet Summit in Paris yesterday. The applicants will have to build a fully functional, experimental prototype device of a fuel […]

Theresa May pledges £140m to tackle climate change

The UK is to provide £140 million of new funding to help the world’s poorest communities address the effects of climate change. Prime Minister Theresa May’s announcement comes as as she attends the One Planet Summit in Paris today with other international leaders. The funding is expected to help two million more poor people cope […]