
Banks could face rules on climate risk reporting
The international bank regulatory body on Wednesday launched a process to develop rules for lenders to report their climate-related risks in a bid to boost transparency and financial stability.
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The international bank regulatory body on Wednesday launched a process to develop rules for lenders to report their climate-related risks in a bid to boost transparency and financial stability.
Nov 29, 2023

The Emirati host of the UN climate conference in Dubai denied Wednesday reports that he used his presidency of the crucial talks on global warming to pursue fossil fuels deals.
Nov 29, 2023

"All views are welcome. All views are needed," declared Sultan Al Jaber, president of the UN's COP28 and head of the Emirates state oil and gas company in the run-up to the climate talks in Dubai.
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EU member countries and the European Parliament said Wednesday they have reached a preliminary agreement on curbing industrial emissions, including those from intensive poultry and pig farms and from ore mines.
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A year ago, then president-elect Luiz Inacio Lula da Silva got a hero's welcome at the UN climate talks, telling the world "Brazil is back" in the fight against global warming.
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A court began hearing Tuesday a lawsuit against Norway over oil and gas development plans, with environmental groups saying the country is throwing "gasoline on the fire" of the climate crisis.
Nov 28, 2023

Saudi Arabia is working "to artificially stimulate oil demand" even as it publicly backs a transition away from fossil fuels, a report said ahead of COP28 climate talks in Dubai.
Nov 28, 2023

Bitcoin mining is often perceived as environmentally damaging because it uses huge amounts of electricity to power its intensive computing needs, but what if the mining process could be used to mitigate climate change instead of accelerating it?
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The United Arab Emirates planned to exploit meetings with foreign governments arranged due to its COP28 hosting role to strike fossil fuel deals, according to leaked documents obtained by the BBC.
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Hairdresser Shola Abiodun Adeyemi begins preparing lunch by pouring out a glug of bright green biofuel gel into her stove, as many Nigerians seek to reduce cooking expenses.
Nov 27, 2023

Italy's cabinet on Monday adopted a decree aimed at boosting renewables, improving the country's energy security and supporting energy-intensive businesses.
Nov 27, 2023

The UAE's Sultan Al Jaber, the president of the forthcoming UN climate conference in Dubai, is "cautiously optimistic" that the pivotal talks will be successful, he told AFP in an interview on Saturday.
Nov 25, 2023

The president of a pivotal UN climate summit defended on Saturday the large presence of industry representatives at the negotiations, saying private sector engagement was essential to curb global heating.
Nov 25, 2023

US Department of Defense officials will visit Guyana next week, the South American country's vice president said Thursday, as he pledged that "all options" are on the table in its row with neighboring Venezuela.
Nov 24, 2023

World leaders will face a reckoning over humanity's failure to curb climate-heating emissions and polluting fossil fuels when they meet for UN climate talks next week, as the planet swelters in likely the hottest year in human history.
Nov 23, 2023

The International Energy Agency on Thursday called on oil and gas companies to devote half of their investments to clean energy by 2030, urging them to face a…
Nov 23, 2023