Wednesday, 23 April 2025

International

The Government has confirmed it will introduce legislation to restrict new coal mines (John Giles/PA)
CoalLegislationMiningNewsPoliticsRegulations

UK government to ban new coal mining schemes as country turns to clean energy

There may be limited exceptions to the ban for “safety or restoration purposes.”

A deal to provide the $1 trillion a year experts say is needed by 2030 for climate action in developing countries is the top priority at COP29 (AFP)
ClimateClimate FinanceNewsPolitics

Climate finance: who is being asked to pay what at COP29?

Of the annual $2.4 trillion needed, an estimated $1.4 trillion will need to come from developing countries themselves.

Activists participate in a demonstration for climate finance at the COP29 U.N. Climate Summit, Thursday, Nov. 14, 2024, in Baku, Azerbaijan. (AP Photo/Peter Dejong)
ClimateClimate FinanceEmissionsNewsPolitics

For 3rd straight year, no improvement in Earth’s projected warming

Earth remains on a path to be 2.7 degrees Celsius warmer than pre-industrial times, according to Climate Action Tracker.

Wealthy countries must ramp up climate finance to meet the Paris Agreement, experts said. (Andrew Milligan/PA)
BusinessClimateClimate FinanceNewsPolitics

Rich nations must double climate finance from taxpayers’ money by 2030 – experts

Currently, around $43 billion per year is flowing from developed to developing countries, according to a new analysis.

FILE PHOTO: The logo of Equinor is set up at the entrance of a building at Western Europe's largest liquefied natural gas plant Hammerfest LNG in Hammerfest, Norway, March 14, 2024. REUTERS/Lisi Niesner//File Photo
BusinessEmissionsEnvironmentIndigenousNatural GasNewsOil

Equinor to report Greenpeace to police after protest at CEO’s home

Equinor will report the group after it protested at the home of its CEO by dumping debris from recent floods in Brazil in...

Muhammad Yunus, head of Bangladesh's interim government speaks to members of the media at the COP29 U.N. Climate Summit, Wednesday, Nov. 13, 2024, in Baku, Azerbaijan. (AP Photo/Sergei Grits)
Climate FinanceEmissionsEnvironmentIndigenousNewsPoliticsUnited Nations

Bangladesh leader Muhammad Yunus slams rich nations for burning up the planet at UN climate talks

Interim Bangladeshi leader Muhammad Yunus urges wealthy nations to provide funds for climate crisis instead of negotiating.

The International Monetary Fund headquarters is seen in Washington, U.S.
BusinessClimate FinanceCritical MineralsEnvironmentNews

IMF urged to cash in on gold price to help poor countries hit by climate change

IMF should sell 4% of its gold for debt relief to low-income countries hit by climate disasters, says study.

FILE PHOTO: Workers assemble second-generation R1 vehicles at electric auto maker Rivian's manufacturing facility in Normal, Illinois, U.S. June 21, 2024.  REUTERS/Joel Angel Juarez/File Photo
AutomotiveBusinessElectric Vehicles (EVs)ManufacturingNews

Rivian shares surge on $5.8 billion Volkswagen investment in JV

Rivian and Volkswagen's joint venture will integrate advanced electrical infrastructure and software for both companies' future EVs.

An aeroplane leaves vapour trails as it flies through the skies over central London.
AviationEmissionsEnvironmentNewsTransport

Damaging jet vapour trails could be eliminated with cheap solution – experts

Tweaking flight paths could cut contrail warming by half by 2040, with costs of just a few pounds per flight, experts say.

A silhouette of people sat in a large room looking at a blue-lit screen with 'COP29' on display.
AgricultureClimate FinanceInfrastructureNews

Finance and business deals announced at COP29 climate talks

The latest global climate talks in Baku drew 60,000 delegates, including many from business and finance — here are a few key deals made.

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