Investors Commit $7.1 Trillion of Assets in Pursuit of 1.5°C Climate Goal 21/9/2022

A coalition of pension funds and insurance companies that includes Allianz SE, the California Public Employees’ Retirement System and Zurich Insurance Group AG have committed to managing $7.1 trillion of assets in line with the Paris Agreement’s goal of limiting warming to 1.5 degrees Celsius.   ...more

Burning world’s fossil fuel reserves could emit 3.5tn tons of greenhouse gas 20/9/2022

Burning the world’s proven reserves of fossil fuels would emit more planet-heating emissions than have occurred since the industrial revolution, easily blowing the remaining carbon budget before societies are subjected to catastrophic global heating, a new analysis has found. ...more

China, Europe, US drought: Is 2022 the driest year recorded? 20/9/2022

Europe and parts of China have experienced extreme temperatures this summer, dry conditions in Africa have put millions at risk of starvation, and the American West continues to see a persistent lack of rainfall. ...more

Vulnerable countries demand global tax to pay for climate-led loss and damage 20/9/2022

The world’s most vulnerable countries are preparing to take on the richest economies with a demand for urgent finance – potentially including new taxes on fossil fuels or flying – for the irrecoverable losses they are suffering from the climate crisis, leaked documents show. ...more

One-third of China's land protected under ecological 'red line' scheme 20/9/2022

Nearly a third of China’s land is now off-limits to development under a scheme known as the “ecological protection red line”, a senior official said at a news briefing on Monday, bringing the country in accord with global biodiversity targets. ...more

Greenpeace takes legal action over EU's 'green' label for gas and nuclear 20/9/2022

Greenpeace and other environmental campaigners have launched legal challenges against the European Commission over its decision to include natural gas and nuclear energy in the EU's list of "green" investments. ...more

U.S. climate envoy Kerry calls on African nations to help curb emissions 19/9/2022

African nations must help combat climate change and halt a rise in temperatures that is hitting crop yields and causing flooding and drought in the region, U.S. climate envoy John Kerry told a conference in Senegal's capital on Thursday. ...more

Switzerland rejigs plan toward CO2 goal after voter rebuff 19/9/2022

Switzerland on Friday launched revised proposals aimed at meeting its target of halving greenhouse gas emissions by 2030 after voters last year narrowly rejected its first attempt as too burdensome. ...more

Indonesia, Brazil biggest culprits in tropical forest loss linked to industrial mining, study says 19/9/2022

Industrial-scale mining for materials such as coal, gold, and iron ore is spurring tropical deforestation, with once-impenetrable forest cleared for mines and access roads, new research shows. ...more

NY Public Service Commission initiates act to decarbonise buildings 19/9/2022

Governor Kathy Hochul said on Thursday that the New York State Public Service Commission (NYSPSC) has begun to enact a Utility Thermal Energy Network and Jobs Act in an effort to decarbonise buildings across the state. ...more