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UN chief: Fossil fuel firms without credible net zero plans 'should not be in business'

Business Green

The world's top diplomat used a speech today at the UN headquarters in New York City to deliver a characteristically stark warning of the impending climate and biodiversity crises facing the world, noting global warming risks "hurtling past" the 1.5C We need a renewables revolution, not a self-destructive fossil fuel resurgence."

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Global Briefing: Colombia to host pre-COP biodiversity summit

Business Green

Australian court cases, fossil fuel phase out alliances, and a vote of confidence in Gold Standards all feature in this week's latest round up of global green business news. Colombia to host hybrid Biodiversity PreCOP.

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Tortuous progress: Key takeaways from COP28

Envirotec Magazine

The headline commitment of COP28 was the pledge to transition away from fossil fuels. Many commentators also appeared to believe that the “UAE Consensus” – as the deal was dubbed – leaves plenty of scope to continue burning fossil fuels, while also being woefully short on the financial commitments required to realize its aims.

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Time for adaptation?

Envirotec Magazine

“The Glasgow COP is going to fail us,” writes Rupert Read in one of the essays in a new collection, Climate Adaptation. Speaking at the launch of the book in Glasgow on 30 October, he shared some of his views on the measures that might constitute a successful COP, or a not-entirely-disastrous-one, at least.

COP 130
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COP26 Climate Summit: From fossil fuels to forests - 10 things we learned in Glasgow

Business Green

Fossil fuels get named and shamed. For the first time in 25 years of UN climate talks, coal and fossil fuel subsidies have been singled out in an official document. Here, we've picked out 10 key takeaways for business leaders from the Glasgow Climate Pact and COP26 Summit: 1. Some progress on adaptation finance.

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COP27: Frustration builds at lack of progress on fossil fuels, 1.5C goal, and nature

Business Green

Anger is building over the failure to secure much-needed commitments towards phasing out unabated fossil fuels and tackling near-term emissions as part of the final agreement brokered at COP27 over the weekend, with critics warning the chances of limiting global warming to 1.5C target hangs by a thread after this year's summit.

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G7 nations pledge to deliver near-zero carbon electricity grids by 2035

Business Green

In a communique published at the close of a three-day Energy and Environment Ministerial meeting in Berlin this week, the world's largest economies set out their priorities for tackling the intersecting climate, biodiversity, and pollution crises, and responding to the disruption to energy markets wrought by Russia's invasion of Ukraine.