The countries primarily responsible for the financing crunch are, ironically, the two biggest economies of the world — the United States and China
The rising losses stem from China’s vulnerability to climate change, with higher temperatures magnifying the intensity of storms and rainfall saturating cities on its long coast
While countries have traditionally discussed global climate efforts separately from biodiversity, leaders are increasingly looking at ways of addressing goals for both simultaneously
A jump in global adoption of solar power and electric vehicles — led by China — will bring about peak emissions this year, a new study said, but doubts on limiting global warming remain
The International Energy Agency says wind and solar plants are now the cheapest forms of new power in nearly every large country
Processing, transporting and storing liquefied natural gas makes it a more carbon-unfriendly energy source than coal, a new study says
Sectors like cement, chemicals and shipping aren’t securing enough orders for more emissions-friendly items, according to a COP28 initiative
The deal between Standard Chartered bank and UK-based start-up UNDO could open up a new path to financing for the carbon removals industry
Carbon dioxide removal is estimated to become a $100 billion industry by 2030, provided it can be scaled up
The device would funnel all emissions from a ship’s engine, creating new salinated water, and dump it into the ocean
A recent report saying carbon offsets were ‘largely ineffective’ could lead firms to abandon or pare back investment in nature and carbon removals
China is the world’s biggest emitter of greenhouse gases and has set ambitious targets to cut down its emissions, including hitting peak carbon levels by 2030