Climate

Energy Transition

Global Climate Pledges Lack Renewables Ambition Warns IRENA

Despite the Glasgow Climate Pact to upgrade 2030 targets in national pledges, the collective level of energy transition ambition to date is not enough.

Cold Climate Heat Pump Tech Developed for Heating Efficiency Below Zero

Cold climate heat pump tech is being developed by Trane Technologies in the US to ensure high-efficiency heating in freezing temperatures.The Systems Extreme En…

UN Chief: ‘the Answer Is in Our Hands’

During his speech at COP27, António Guterres said that “we are losing the fight of our lives” against climate change.

Carbon Emissions

COP27: UAE Says Will Carry on Pumping Oil Responsibly

The United Arab Emirates will be a responsible supplier of oil and gas for as long as the world needs.

Carbon Emissions

COP27 Kicks off With Deal to Discuss Climate Compensation

Move to formally discuss issue followed late-night talks.

Egypt

Gates Foundation Gives $1.4 Bln Climate Help to Smallholder Farmers

The Bill & Melinda Gates Foundation has pledged $1.4 billion to help smallholder farmers cope with the impacts of climate change, part of efforts at global clim…

Net Zero Emission

World Must Double Renewable Power Targets to Achieve Net Zero, Irena Says

Despite some progress, the transition is 'far from being on track', says Irena director general Francesco La Camera.

Carbon Pricing

IMF Chief Says $75/Ton Carbon Price Needed by 2030

The price of carbon needs to average at least $75 a ton globally by the end of the decade for global climate goals to succeed.

Carbon Emissions

DP World Earmarks $500 Million to Cut CO2 Emissions Across Its Business

Dubai-based logistics heavyweight DP World plans to invest up to $500 million to cut CO2 emissions from its operations by nearly 700,000 tonnes over the next fi…

United Kingdom

Rishi Sunak Secures £3.58bn Climate Finance Deal With Kenya

UK PM has agreed to fast-track six renewable energy projects being built in the African nation.

Carbon Neutral

World’s Greenest Warehouse to Be Built in Sweden

The project will lead the way to urgent CO2 reductions as called for by COP27.

Carbon Emissions

UN: ‘Last 8 Years the Hottest Ever’

Sea level rises have also doubled in the last 30 years, a report has found.

Carbon Emissions

Brazil's Lula Hopes to Unite Rainforest Nations, Tap Funding at COP27

A new alliance of rainforest nations - sought by Brazil's President-elect Luiz Inácio Lula da Silva - could be key to unlocking conservation funding and bolste…

COP27 to Formally Discuss Climate Compensation for Poorer Nations

COP27 delegates agreed on Sunday to discuss whether rich countries should compensate poorer nations most vulnerable to climate change at the United Nations clim…

Carbon Emissions

South Africa Says It Needs $84 Billion for Energy Transition in Next Five Years

South Africa needs about 1.5 trillion rand ($84 billion) over the next five years for its plans to cut carbon emissions, harness economic opportunities from the…