The latest EU state to leave the Energy Charter Treaty: Luxembourg

The Luxembourg government has decided to exit the Energy Charter Treaty (ECT), an international trade and investment agreement concluded in the early 1990s to protect investments in the energy sector, Luxembourg’s Minister of Energy and Spatial Planning, Claude Turmes, announced on Friday 18 November. Frédéric Simon discusses latest developments in an article on the Euractiv website. … Continue reading The latest EU state to leave the Energy Charter Treaty: Luxembourg →

Children and young people are a big part of COP27

Aoife Daly, Lecturer in Law at University College Cork writes on the Conversation website about how young people are playing an increasingly important role at the UN climate summit this year. COP27: how young climate activists are changing international human rights law World leaders and climate scientists aren’t the only ones who have gathered … Continue reading Children and young people are a big part of COP27 →

While “loss and damage” is gaining more attention ahead of COP27, who’s going to pay?

Loss and damage has been at the heart of much media reporting about the upcoming Cop27 climate talks in Egypt in November. With many disasters recently, such as the flooding in Pakistan, the importance of loss and damage compensation gains attention. Isabella Kaminski writes on the Climate Change News about the challenges involved. She notes that … Continue reading While “loss and damage” is gaining more attention ahead of COP27, who’s going to pay? →

“Debt-for-climate swaps” to help low- and middle-income countries lower their vulnerability

With carefully designed debt-for-climate swaps and support from international institutions, developing countries could expand their finance for desperately needed climate mitigation and adaptation actions and remove some of their heavy debt burden. Soyoung Oh, Junior Research Fellow, The Fletcher School at Tufts University discusses her views in an article on The Conversation website. How … Continue reading “Debt-for-climate swaps” to help low- and middle-income countries lower their vulnerability →

Twenty high risk countries threatening to halt debt payments

The countries want their collective $685 billion in debts forgiven so the money can be invested in climate projects. Lisa Friedman discusses latest developments in an article on The New York Times website. 20 Nations at High Risk From Global Warming Might Halt Debt Payments Twenty countries most vulnerable to climate change are considering … Continue reading Twenty high risk countries threatening to halt debt payments →

World Bank criticised over climate crisis spending

Controversy follows the president of the World Bank, David Malpass. Last month, the former US vice-president Al Gore led calls for the president of the bank to resign after he avoided a journalist’s questions on climate science. Malpass, nominated for the position by the Trump administration, later apologised but his apparent climate denial followed years … Continue reading World Bank criticised over climate crisis spending →

Accelerating SDG7 action

Sustainable Development Goal 7 is one of 17 Sustainable Development Goals established by the United Nations General Assembly in 2015. It aims to "Ensure access to affordable, reliable, sustainable and modern energy for all." It is important to look at the work that is underway through the UN High-level Dialogue on Energy to see what … Continue reading Accelerating SDG7 action →

Where is the help? Damages to poor countries are expected to increase as the world heats up further

The world’s most vulnerable countries are preparing to take on the richest economies with a demand for urgent finance. This “loss and damage” issue gained momentum since COP26 in Glasgow last year. Fiona Harvey writes on The Guardian website howe vulnerable many countries are. Vulnerable countries demand global tax to pay for climate-led loss … Continue reading Where is the help? Damages to poor countries are expected to increase as the world heats up further →

Some of the first disputes over insurance coverage for climate crisis

Aloha Petroleum, a subsidiary of the US-based Sunoco, filed a claim against AIG’s National Union Fire Insurance Company of Pittsburgh earlier this month, arguing it had failed to protect Aloha from the mounting costs of defending climate-related claims by local governments in Hawaii. This is one of the first disputes over insurance coverage for climate … Continue reading Some of the first disputes over insurance coverage for climate crisis →

British company used the Energy Charter Treaty to sue the Italian government for foregone profits and plans to invest the compensation in further drilling

A British oil company has won over €190 million ($190m) in compensation from the Italian government for blocking a planned project off Italy’s Adriatic coast. Arthur Neslen discusses the arbitration results in an article on The Guardian website. Bravo to Yamina Saheb, friend of EiD, for her role as whistleblower to expose the impact of … Continue reading British company used the Energy Charter Treaty to sue the Italian government for foregone profits and plans to invest the compensation in further drilling →