EU agrees 32.5% energy efficiency target for 2030

Environmental groups believe a 40% target is needed to cost-effectively meet the Paris climate goals

Right policies to achieve Paris climate target ‘could create 24m green jobs’

That could be driven by changes in the energy mix, promoting the use of electric vehicles and improving the energy efficiency of buildings

New hydrogen fuel cell EVs trial kicks off in Europe

The project will deploy fleets of 60 hydrogen fuelled vehicles each in London, Paris and Brussels

London tops global green finance rankings

The new Global Green Finance Index found financial centres in Western Europe outperformed those in other regions

Ignoring global climate goals ‘could cost fossil fuels firms $1.6tn’

New report warns the gap between the present policy environment and more ambitious Paris climate target poses major risks for investors

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 […]

Nicaragua set to sign Paris climate deal

Nicaragua is to sign the Paris climate agreement, leaving only the US and Syria outside the global pact. Under the agreement, nations across the globe pledged to keep rising global temperatures “well below” 2°C above pre-industrial levels. Nicaragua had previously rejected the agreement, arguing it did not go far enough to tackle the issue. However, […]

MEPs call for higher EU climate goals

Members of the European Parliament (MEPs) are urging the EU to ratchet up its climate goals. In a resolution put to vote this week, ahead of the UN’s COP23 meeting in Bonn next month, they called on the EU to set out a mid-century zero emissions strategy by 2018 in line with the aims of […]

Stop fossil fuel expansion to meet climate goals, urge environmental groups

More than 220 organisations from 55 countries are calling for a managed decline of the fossil fuel industry to meet climate goals. The Lofoten Declaration is demanding action on the supply side to tackle production in line with the Paris climate deal. Signatories include the UK’s ShareAction and Friends of the Earth, Global Greengrants Fund […]

US officially notifies UN of Paris climate exit

The US has officially notified the United Nations (UN) of its intention to withdraw from the Paris climate change pact. UN Secretary-General António Guterres received the notification from the US to exit from the deal “as soon as it is eligible to do so”, unless it identifies “suitable terms for re-engagement”. The notification comes two […]