The World Wildlife Fund (WWF) is leading a call to action, demanding biodiversity's inclusion in the primary mandates of central banks and financial supervisors.
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The International Renewable Energy Agency (IRENA) has launched an alliance to explore decarbonisation pathways, with fourteen global industry leaders.
Shallow offshore oil production in the Gulf of Mexico offshore is reportedly emitting far higher methane levels than previously suggested. This counteracts national actions to cut methane emissions to address climate change.
After a backlash from the announcement of DR Congo’s oil auction in the country’s most important biodiversity areas, the DR Congo government has announced it will open up the auction to crypto and carbon offset companies to buy up the auction zones and halt oil exploration.
GFANZ opens public consultation on guidance document assessing portfolio alignment with net zero targets for the financial sector, but accurate measurement of climate risks remains an obstacle for the sector. That makes agreement on, and standardisation of, portfolio alignment metrics (PAMs) critical to achieving net zero.
Green hydrogen and green ammonia are fast becoming the energy choice in the transition to fossil fuel free energy system. Investment from Carlyle and GIC says it's not a pipedream.
The much-delayed global meeting of the Convention on Biodiversity (CBD) ended in Nairobi, not with a bang but a whimper. There has been little forward movement despite the increasingly recognised risks around biodiversity loss, with over half of the world’s total GDP ($44 trillion) moderately or highly dependent on nature.