According to the new Banking on Climate Chaos Fossil Fuel Finance Report 2024, the largest banks in the world have given $6.9 trillion in fossil fuel funding to the industry since the 2016 Paris Agreement. The goal of the Paris Agreement — signed by 196 countries — is to limit human-caused global heating to 1.5 […]
In a speech in Azerbaijan on Friday, United Nations climate chief Simon Stiell said the world needs at least $2.4 trillion each year to keep global climate goals within reach. Stiell, the executive secretary of the UN Framework Convention on Climate Change, gave a timeline of the measures — and funding — that will be […]
The White House has confirmed President Joe Biden’s selection of clean energy adviser John Podesta to succeed John Kerry as the president’s senior advisor for international climate policy. Podesta, 75, is currently in charge of a team implementing Biden’s landmark climate bill, the Inflation Reduction Act. He formerly served as an adviser to Barack Obama […]
Greenhouse gas emissions in the United States fell by 1.9 percent in 2023 — the lowest level since 1969 — mostly due to less coal power generation, according to preliminary estimates released by independent research firm the Rhodium Group. Following two years of increasing emissions, and with the country’s economy expanding by 2.4 percent, emissions […]
Scorching heat waves, drought and ocean surface temperatures as warm as a hot tub were all symptoms of global heating in 2023, which the European Union’s Copernicus Climate Change Service (C3S) said would be the warmest year on record. For the January to November period of this year, the average global temperature was 1.46 degrees […]
The next United Nations Climate Change Conference, otherwise known as COP28, begins Thursday in the United Arab Emirates. The conference, which lasts through December 12, comes at a critical moment in global efforts to contain the climate crisis. The latest UN Emissions Gap Report, released ahead of the talks, found that nations’ current emissions reduction […]
A new United Nations Climate Change report says that current climate action plans by nations are not enough to limit the average global temperature increase to 1.5 degrees Celsius and meet Paris Agreement targets. The report shows that countries need to take much more action immediately, even though some have been making increased efforts, in […]
If you thought this year was exceptionally hot, you were right. Not only has it been the warmest year on record, it’s on track to be the warmest the planet has been in a quarter of a million years. Scientists at the Copernicus Climate Change Service (C3S) say 2023 is almost certain to be the […]
According to new research published Thursday, the world will soon pass the 1.5°C target that was set to limit the worst impacts of climate change. The 2015 Paris Agreement set a goal to limit global warming to at most 2°C above pre-industrial levels. But after the agreement went into effect in 2016, more experts expressed […]