REUTERS EXCLUSIVE Investors warn European companies over climate accounting 5/4/2022

Thirty-four investors managing more than $7 trillion in assets have warned 17 of Europe's largest companies, including BP and Volkswagen, that they could challenge board directors over their accounting of climate risks. ...more

New York set to ban natural gas in new buildings -environmental groups 5/4/2022

New York Governor Kathy Hochul will soon release a budget that likely will include a plan to make New York the first state to ban natural gas and other fossil fuels in new construction, according to Food & Water Watch and other environmental groups. ...more

Global wind power must gather speed to meet climate goals, report finds 5/4/2022

Pandemic-related supply chain problems slowed the rollout of new wind power in 2021, as the sector lags far behind the capacity needed to curb greenhouse gas emissions and meet net zero emission targets, an industry report said on Monday. ...more

New UN climate report to tackle reining in emissions 4/4/2022

The U.N. climate science panel publishes its final report in the current assessment cycle on Monday, and this time will focus on ways of curbing greenhouse gas emissions, although the consensual nature of the reports means it could steer away from the most dramatic warnings. ...more

Reuters Exclusive: Climate change could cost U.S. budget $2 trillion a year by the end of the century, White House says 4/4/2022

Flood, fire, and drought fueled by climate change could take a massive bite out of the U.S. federal budget per year by the end of the century, the White House said in its first ever such assessment on Sunday. ...more

Dutch investor group targets oil, gas execs' pay plans if climate goals fall short 4/4/2022

A group of Dutch investors managing assets worth nearly 1.5 trillion euros threatened on Friday to oppose oil and gas sector executives' pay plans if their companies failed to set climate change goals in line with the Paris Agreement on global warming. ...more

Bitcoin under pressure to adopt more sustainable practices 4/4/2022

Several environmental advocacy groups have launched a campaign to pressure bitcoin miners to change their coding and reduce energy consumption. Led by Environmental Working Group and Greenpeace USA, the campaign claims the massive amount of energy miners use could decrease by 99% with a coding style change.  ...more

UN rights body appoints Tuvalu negotiator as climate change expert 4/4/2022

The U.N. top rights body appointed an expert on climate change and human rights for the first time on Friday, a move that is expected to embolden environmental defenders and provide more support for victims of extreme weather. ...more

U.N. launches group to hold companies to account for net-zero pledges 1/4/2022

The United Nations on Thursday announced the members of an expert group that will scrutinize corporate pledges to achieve net-zero emissions, an effort to prevent greenwashing as private sector climate plans proliferate. ...more

Global green finance rises over 100 fold in the past decade -study 1/4/2022

Global green financing, aimed at environmentally friendly projects around the world, has grown over 100 times in the past decade, a new study from the TheCityUK and BNP Paribas showed. ...more