Thursday, 6 March 2025

Focus on Climate

FILE PHOTO: The sun sets next to a smokestack from a coal-burning power station in Beijing January 9, 2008.  REUTERS/David Gray/File Photo
Carbon ManagementClimateEmissionsNews

Climate targets group’s CEO to ease concerns over carbon offset plan

The CEO of the SBTi sought to reassure critics' concerns over the plan to allow companies to use carbon credits to offset greenhouse...

World Bank Group President Ajay Banga poses with Latvia's Minister of Finance Arvils Aseradens, Italy's Director General of the Treasury Riccardo Barbieri Hermitte, Norway's Minister of International Development Anne Beathe Tvinnereim, Belgium's Counselor-General at the Treasury Steven Costers, France's Director General of the Treasury Bertrand Dumont, Japan's Deputy Vice Minister of Finance for International Affairs Daiho Fujii, Denmark's Ambassador and Director for Multilateral Affairs Marie-Louise Koch Wegter, United Kingdom's Minister of State, Foreign, Commonwealth and Development Andrew Mitchell, Germany's Federal Minister for Economic Cooperation and Development Svenja Schulze, Netherlands' Minister of Finance Steven van Weyenberg, and U.S. treasury secretary Janet Yellen at the G-20 Finance Ministers and Central Bank Governors' Meeting at the IMF and World Bank’s 2024 annual Spring Meetings in Washington, U.S., April 19, 2024. REUTERS/Ken Cedeno
BusinessClimateEconomyFinanceNewsPolitics

World Bank wins $11 billion in pledges to boost lending for climate, global crises

The World Bank says 11 countries have pledged to contribute over $11B billion to new hybrid capital and portfolio guarantee instruments designed to...

CEO of Agrosmart, a tech-based agriculture startup, Mariana Vasconcelos, poses after an interview with AFP in Rio de Janeiro, Brazil (AFP)
AgricultureBusinessClimateEmissionsIn-Depth

Latin American AI startups transform farming, including managing climate risks

Brazilian startup Agrosmart uses artificial intelligence to help farmers manage climate risks and produce more sustainably.

ClimateEmissionsNewsPoliticsUnited Nations

Next UN climate talks are critical to plot aid for poorer nations, says incoming president

The man who will run United Nations climate talks this November views the negotiations as a key link in international efforts to curb...

FILE PHOTO: A view of Albemarle lithium mine located on the Atacama salt flat is pictured, in Antofagasta region, Chile, May 4, 2023. REUTERS/Ivan Alvarado/File Photo
AnalysisBusinessClimateCritical MineralsEconomyElectric Vehicles (EVs)LegislationNewsPoliticsSolar

Which companies received tax credits under the U.S. Inflation Reduction Act?

Thirty five projects, focused on electrical grid enhancements, critical minerals, and electric vehicle components, among others, got a total of $1.93 billion in...

FILE PHOTO: A view of Oldman River and Crowsnest River that flow into the Oldman Reservoir, which according to local news media is at its lowest point in 30 years, near Pincher Creek, Alberta, Canada March 15, 2024.  REUTERS/Todd Korol/File Photo
AgricultureClimateNewsPoliticsWeather

Municipalities, farmers agree to cut water use as drought persists in Canada’s Alberta

Alberta, which produces most of Canada's oil, natural gas and beef, opened water-sharing negotiations among licence-holders as it entered its fourth year of...

A survey from a clean energy think-tank says Alberta has done little to implement its plan to reduce its greenhouse gas emissions. Alberta Premier Danielle Smith speaks at an announcement in Edmonton, Monday, Nov. 27, 2023. THE CANADIAN PRESS/Jason Franson.
AnalysisEmissionsPolitics

Pembina Institute report suggests little progress on Alberta’s emissions reduction plan

A survey from clean energy think-tank the Pembina Institute says Alberta has done little to implement its plan to reduce its greenhouse gas...

BusinessCarbon ManagementClimate FinanceEconomyEmissionsEmissions MarketsFinanceIndustryNewsPoliticsVoluntary Carbon Markets (VCMs)

US to launch carbon offset guidelines to boost integrity

New U.S. guidelines for the use of carbon offsets inside and outside of government meant to build confidence in the market and ensure...

FILE PHOTO: A gas pump selling E15, a gasoline with 15 percent of ethanol, is seen in Mason City, Iowa, United States, May 18, 2015.    REUTERS/Jim Young/File Photo
ClimateEmissionsEnvironmentFuelNews

US EPA allows temporary expansion of higher-ethanol gasoline blend

The Environmental Protection Agency will expand sales of higher-ethanol blends of gasoline to reduce potential supply disruptions amid global conflicts

Finance ministers prepare for the International Monetary and Financial Committee (IMFC) plenary session at the IMF and World Bank's 2024 annual Spring Meetings in Washington, U.S., April 19, 2024. REUTERS/Ken Cedeno
EmissionsEnvironmentNews

World Bank to provide $416m loan to Turkey to reduce pollutants

The loan would unlock long-term financing for Turkish manufacturers via a project aimed at helping the sector adopt clean technologies

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