(Bloomberg) — Global loss of tropical and boreal forests surged to a record high last year as unprecedented temperatures fueled fires, releasing more than four times the emissions of all air travel in 2023. That’s according to the latest annual assessment by Global Forest Watch, a platform run by the nonprofit World Resources Institute, which drew … Read more
(Bloomberg) — Climate programs targeting about $45 billion in funding for emerging economies won’t be derailed by America’s decision to withdraw, according to analysts. The US decision to exit from a leading role in Just Energy Transition Partnerships for South Africa, Indonesia and Vietnam will complicate financing efforts, but won’t halt the overall objectives of … Read more
German container shipping major Hapag-Lloyd, compatriot environmental association NABU and a number of other companies have jointly called on the International Maritime Organization (IMO) to remove ‘unsustainable’ biofuels from its list of alternative fuels. Berling Express; Image credit: Hapag-Lloyd The IMO has agreed on ambitious targets to get shipping to zero around 2050, however, it … Read more