Commercial aviation is struggling to reduce its climate impact and is currently not on track to meet its goal of net-zero emissions by 2050
Commonwealth Bank of Australia and National Australia Bank both looking to reduce lending commitments to coal mining
Asian economies are particularly vulnerable to torrential rains and storms, which can make up for 80% of the extreme weather events in the region
The PBOC pledged on Tuesday to provide funds to 11 provinces in the south, east, north and southwest, plus farmers, small firms and households
A recent report saying carbon offsets were ‘largely ineffective’ could lead firms to abandon or pare back investment in nature and carbon removals
Some 1.35 million fully electric or plug-in hybrid electric vehicles were sold in July, Rho Motion market research firm said on Monday
Experts say EVs burn differently to cars with internal combustion engines, with fires often lasting longer and harder to extinguish
China has admitted that the anchor of a Hong Kong-flagged vessel ripped apart an important gas pipeline from Finland to Estonia in the Baltic Sea in late 2022
The central bank will extend its policy to support companies' carbon-reduction projects for three more years – up till the end of 2027
Companies in China have been testing cargo drones that can carry loads of up to 2 tonnes, while helicopter taxis are planned near Shanghai
That was nearly as much as the climate change-related losses China suffered in the first six months of the year combined
July was China’s hottest in modern history, and the hot spell shows no sign of relenting in the east and south of the country