UK not on track to meet fourth and fifth carbon budgets

The nation’s climate advisers warn the public could face an ‘unnecessarily expensive deal’ unless action is taken now

Australia saw ‘highest emissions last year since 2002’

A report claims it may fail to meet the Paris Agreement targets by 2030 without corrective action

ELF 2018: ‘Majority of energy companies in the future will be green’

Jeff Whittingham from Ørsted Energy Sales UK says the company’s shift from oil and gas to green power has been followed by several other large energy firms

Falling fossil fuel demand ‘could cost global economy up to $4tn’

A new report suggests stranded assets and collapsing industries could cause a significant economic downturn by 2035

US Climate Alliance draws up new clean plans

The initiative marks the one-year anniversary of US withdrawal from the Paris Agreement

Mahindra Group companies commit to science-based climate targets

The Science Based Targets initiative helps companies determine how much emissions need to be reduced in line with the Paris climate agreement

Carbon price ‘could cut Canada’s emissions by 90m tonnes by 2022’

Under the clean growth plans, provinces and territories have until 1st September to provide the government with a description of their first annual plan to price carbon pollution

Less than half of banks ‘taking climate change seriously’

Less than half of the world’s biggest banking groups have carried out a scenario analysis for if global temperatures rise by more than 2°C. That’s according to a new report from Boston Common Asset Management, based on a survey of 59 financial institutions. It suggests the majority of banks are failing to successfully integrate climate […]

Climate change ‘could see quarter of world dry out’

At least a quarter of the world’s surface will dry up if the climate goals outlined in the Paris Agreement are missed. That’s the suggestion made in a new study published by the UN, which suggests a global temperature rise of 2°C above pre-industrial levels would increase the size of desert areas, lead to more […]

Mayors launch finance schemes to make cities greener

Three new finance initiatives to accelerate the implementation of the Paris Agreement in cities and across the world have been launched. The Global Covenant of Mayors for Climate and Energy has said it will work with the C40 Cities Climate Leadership Group, ICLEI and other regional partners to help local governments drive green investments and […]