Global accounting body wants more rigour in showing climate impacts 1/8/2024

A global accounting body on Wednesday proposed guidance on how companies can do more to show the impact of climate change on their financial performance, saying standalone disclosures do not give investors the clarity they need. ...more

Munich Re sounds alarm on hurricanes and temperatures 1/8/2024

German insurer Munich Re (MUVGn.DE) warned on Wednesday of a severe hurricane season in the Atlantic and rising temperatures globally that showed "no signs of stopping". ...more

Indonesia aims to accelerate carbon storage sector development 1/8/2024

Indonesian government aims to accelerate development of a carbon capture and storage (CCS) industry to help fight climate change and is confident the next administration will continue the push, a senior official said on Wednesday. ...more

Goals to stop decline of nature in England ‘off track’, report warns 1/8/2024

Goals to stop the decline of nature and clean up the air and water in England are slipping out of reach, a new report has warned. ...more

'Disastrous' drought threatens to wipe out Sicilian goat breed 1/8/2024

A blazing sun shining on the arid hills of San Cataldo in Sicily signals only despair for local goat breeder Luca Cammarata as he tries to find something for his herd to eat among the barren landscape. ...more

Global methane emissions rising at fastest rate in decades, scientists warn 31/7/2024

Global emissions of methane, a powerful planet-heating gas, are “rising rapidly” at the fastest rate in decades, requiring immediate action to help avert a dangerous escalation in the climate crisis, a new study has warned. ...more

Wind and solar energy overtake fossil fuels to provide 30% of EU electricity 31/7/2024

Wind turbines and solar panels have overtaken fossil fuels to generate 30% of the European Union’s electricity in the first half of the year, a report has found. ...more

Corporate climate watchdog keeps lid on buying carbon offsets to meet climate targets 31/7/2024

The Science-Based Targets initiative (SBTi) said in a research paper on Tuesday there was not enough scientific support for the influential corporate climate watchdog to lift restrictions on companies using carbon credits to offset their emissions. ...more

World's forests failed to curb 2023 climate emissions, study finds 31/7/2024

Forests and other land ecosystems failed to curb climate change in 2023 as intense drought in the Amazon rainforest and record wildfires in Canada hampered their natural ability to absorb carbon dioxide, according to a study presented on Monday. ...more

Air New Zealand drops 2030 carbon target, cites plane delivery delays 31/7/2024

Air New Zealand (AIR.NZ) abandoned on Tuesday a 2030 emissions reduction target, citing delivery delays of fuel-efficient aircraft and high green fuel prices, in a move signalling the difficulty aviation is having meeting de-carbonisation goals. ...more