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LONDON – As a new European Union zero-tolerance deforestation law looms, several major investors told Reuters they are concerned about their exposure to the issue, with some saying they could quit consumer goods makers with “risky” supply chains. The EU agreed in December a new rule to… Read More
LONDON – The number of fossil fuel companies setting net-zero emissions targets has risen sharply over the past year, but most fail to address key concerns, making them “largely meaningless”, a report showed on Monday. Some 75 of the world’s largest 112 fossil fuel companies… Read More
NEW DELHI – India on Monday said power plants operating on imported coal would have to run at full capacity till the end of September, extending an earlier timeline by over three months, according to a government order seen by Reuters. Many power plants in… Read More
Climate Change – ABU DHABI – Against the heat, urbanisation and sand of the United Arab Emirates, the placid, muddy waterways of the Gulf state’s coastal mangroves are being restored and planted in an ambitious fight against climate change. Tropical mangrove forests are complex ecosystems… Read More
Climate Change – European Union countries will try again next week to pass a deal on new renewable energy targets, which have been stalled by concerns from France and other states that the law sidelines nuclear energy. A group of countries including France lodged last-minute opposition to… Read More
Our overheating world is likely to break a key temperature limit for the first time over the next few years, scientists predict. Researchers say there’s now a 66% chance we will pass the 1.5C global warming threshold between now and 2027. The chances are rising… Read More
The world’s top court will for the first time advise on countries’ legal obligations to fight climate change, following a UN resolution on Wednesday. The International Court of Justice will now prepare an advisory opinion that could be cited in climate court cases. The motion… Read More
Monsoon rains have caused devastating floods in Pakistan, leaving millions homeless, destroying buildings, bridges and roads and leaving vast swathes of the country under water. Flash floods and landslides along the Indus and Kabul rivers have left more than 1,000 dead and 1,600 injured –… Read More