Rich countries have agreed in principle to make their export credit agencies lend money on better terms for a series of “climate-friendly and green” projects

OECD countries agree to extend support for ‘climate-friendly’ projects. But vague definitions and inclusion of contested activities worry campaigners. Matteo Civillini discusses the developments in an article on the Climate Change News website. OECD reforms set to give “green” projects better export finance Rich countries have agreed in principle to make their export credit … Continue reading Rich countries have agreed in principle to make their export credit agencies lend money on better terms for a series of “climate-friendly and green” projects →

What the new head of the World Bank needs to cope with

Rachel Kyte, Dean of the Fletcher School, Tufts University, writes on The Conversation website about what the next head of the World Bank needs to do to address our climate and debit crises. It should be noted that Ajay Banga is the only candidate for World Bank president. Can this former CEO fix the … Continue reading What the new head of the World Bank needs to cope with →

The EU Net Zero Industry Act must not be protectionist

How the EU might respond to clean teach subsidies, in the form of a leaked draft law entitled the Net Zero Industry Act (NZIA), is deeply worrisome. Niclas Poitiers, André Sapir, Simone Tagliapietra, Reinhilde Veugelers and Jeromin Zettelmeyer explain their views in an article on the Breugel website. Bruegel is the European think tank that … Continue reading The EU Net Zero Industry Act must not be protectionist →

Corporations and governments have “undervalued” the benefits of being transparent about how a changing climate will affect revenues, profits and the economy

Carl Meyer writes on The Narwal website about Mark Carney’s views on what governments and corporate leaders need to be doing to get climate change actions on track. Mark Carney is the former Bank of Canada and Bank of England governor, who is also the United Nations special envoy for climate action and finance. … Continue reading Corporations and governments have “undervalued” the benefits of being transparent about how a changing climate will affect revenues, profits and the economy →

The “net zero” climate targets of 24 of the world’s largest companies fall far behind their promises

The “net zero” climate plans of 24 of the world’s largest companies add up to emissions reductions of only 36 percent, according to a report by the NewClimate institute and non-profit Carbon Market Watch. The strategies of the self-declared climate leaders, which include household names such as Amazon, Apple, Google, H&M, Nestle, Mercedes-Benz, Volkswagen, and Walmart, are … Continue reading The “net zero” climate targets of 24 of the world’s largest companies fall far behind their promises →

World Bank President, dogged by climate questions, will step down early

David Malpass’s decision to quit has delighted frustrated developing nations, donors, experts and campaigners. Fiona Harvey provides latest developments in an article on The Guardian website. Why World Bank head’s resignation is good news for climate crisis fight The resignation of David Malpass, president of the World Bank, was greeted with relief and joy … Continue reading World Bank President, dogged by climate questions, will step down early →

With blockchain-backed solar projects leading the way towards a greener future, many are looking to blockchain as a viable option for their investments

Blockchain has the potential to spur sustainable development through increased efficiency and reduced environmental impacts. Peter Bahorecz, chief networking officer at SunMoney Solar Group discusses the benefits of blockchain in an article on the Gulf Business website. Top 5 benefits of investing in blockchain-based solar energy programmes Blockchain-based solar energy investments have the unique … Continue reading With blockchain-backed solar projects leading the way towards a greener future, many are looking to blockchain as a viable option for their investments →

Next steps for the Energy Charter Treaty?

Since October 2022, seven EU member states have announced plans to withdraw from the Energy Charter Treaty (ECT). Across the board, the message is clear: the insufficient and potentially climate-damaging treaty reform effort is no longer a politically viable option, write Christina Eckes, Lea Main-Klingst and Lukas Schaugg. Christina Eckes is a professor of European … Continue reading Next steps for the Energy Charter Treaty? →

The World Bank’s new mission is expected to “emphasize the importance of sustainability and resilience to reflect more clearly that our mission includes global public goods (GPGs), such as climate change”

A draft document suggests the bank will broaden its “twin goals” of boosting prosperity and ending extreme poverty to encompass climate action. Joe Lo writes on the Climate Change News website about the draft new mission. World Bank moots stronger strategic focus on climate action The World Bank is considering making climate action more … Continue reading The World Bank’s new mission is expected to “emphasize the importance of sustainability and resilience to reflect more clearly that our mission includes global public goods (GPGs), such as climate change” →

Even with all the bad news significant changes are underway that have the potential to create a more sustainable world

Rachel Kyte, Dean of the Fletcher School, Tufts University writes on The Conversation website about her views on the global shift to clean energy. Ms Kyte was the former CEO of Sustainable Energy for All, and Special Representative of the United Nations Secretary-General for Sustainable Energy for All. How Putin’s war and small islands … Continue reading Even with all the bad news significant changes are underway that have the potential to create a more sustainable world →