Reuters Exclusive: IMF, others should give $100 billion climate foreign-exchange guarantee, document says 30/5/2023

A top-level meeting in Paris next month will lay out a $100 billion plan to drive more money into climate and development finance in poorer countries by providing currency guarantees to investors, according to a document seen by Reuters. ...more

No EU vote on restricting 'forever chemicals' before 2025, EU official says 30/5/2023

The European Union will not vote on phasing out so-called forever chemicals before 2025, an EU official said, as the bloc moves to regulate the use of such chemicals, which are essential for industry but have long-term hazardous environmental impacts. ...more

France, Netherlands call for EU climate clampdown on private jets 30/5/2023

Austria, France, Ireland and the Netherlands have called on the European Union to toughen laws to curb the impact of private jet travel on the climate, a document showed. ...more

Solar power due to overtake oil production investment for first time, IEA says 30/5/2023

Investment in clean energy will extend its lead over spending on fossil fuels in 2023, the International Energy Agency said on Thursday, with solar projects expected to outpace outlays on oil production for the first time. ...more

Announced Hydrogen Projects Represent USD 320 billion Investments through 2030 Revealed 2nd Energy Storage Forum 30/5/2023

The 2nd Energy Storage Forum revealed that hydrogen momentum continues to accelerate with more than 1,000 projects announced globally. ...more

AFED Releases its Report on Impact of Pandemic and War on Arab Environment: Aggravated Food, Energy, Water and Climate Challenges 29/5/2023

The Arab Forum for Environment and Development (AFED) presented its new report on Impact of Pandemic and War on Arab Environment, during a regional conference on cooperation in climate action, hosted by the Arab Fund in Kuwait. ...more

Carbon removal industry challenges findings of skeptical UN body 29/5/2023

Carbon removal industry representatives have challenged a document a United Nations scientific body released this week that casts doubt on the nascent technology's usefulness in efforts to limit global warming. ...more

Electricity cheaper than diesel for heavy goods vehicles 29/5/2023

In the past, it was considered unprofitable to electrify heavy goods vehicles that transport cargo over long distances. But now researchers at Chalmers University of Technology in Sweden have shown that it can be cheaper to run heavy goods vehicles on electricity than on diesel. ...more

Paris to ban single-use plastic at 2024 Games 29/5/2023

Paris Mayor Anne Hidalgo said on Friday the city planned to ban single-use plastic when it holds the 2024 Olympic Games as part of efforts to tackle a global plastic pollution crisis. ...more

Brazil says UN confirmed Amazonian city of Belem as COP30 host 29/5/2023

Brazil's government said on Friday the United Nations has confirmed the Amazonian city of Belem as the host of the COP30 climate change summit in November 2025. ...more